Robin's Corner - 2011

Robin Matters' weekly quotes covering topics on the mortgage industry to the global economy

January

5/01/2011 - The Association of Certified Fraud Examiners recently published the Asia-Pacific findings from its global survey in the on occupational fraud abuse. Interestingly, approximately 85% of fraud perpetrators had never been charged with, or convicted of, a prior criminal offence. The median loss on cases in Australia was US$466,400, whilst the global median of US$160,000.
13/01/2011 - The UK Guardian paper recently reported that rising unemployment will cost the UK government $2.3 billion more than expected in welfare benefits this year.

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