As part of your review of the organisation fraud prevention plan, here is another tip you could consider. Within your business, is an effective fraud reporting mechanism in place? Tip-off’s from staff are consistently shown to be the most effective way to detect fraud, representing 40% of the cases in the Report to the Nations. Your employees are one of your best resources for finding fraud and it’s imperative that they know how to report what they observe. An anonymous hotline is an easy way to provide a channel for reporting fraud — not only for employees but vendors, customers and other outside parties. It’s important to stress that there will not be a reprisal for reporting fraud and that reports of suspicious activity will be taken seriously and evaluated thoroughly. If you have any queries, please let me know. Have you got a way of fraud to be reported in your business?