Procurement & Global Trade Fraud

WHAT IS IT? An all-to-common occurrence, procurement fraud refers to dishonestly obtaining an advantage, avoiding an obligation or stealing or re-directing funds during the acquisition, sale or management of goods and services resulting in extensive loss for an organization. 

Procurement Fraud extends across many industries and types of fraud vary in levels of sophistication, including, but not limited to:

• Embezzlement
• Billing Fraud
• Bid Rigging
• Product Substitutions
• Bribery
• And more…

Financial Crime in International Trade are illegal activities in which exporters and importers get caught into without knowing that they are the victims. These illegal activities include, but not limited to:

• Financial fraud
• Corruption
• Money laundering
• Terrorist financing

Our team works with you to identify opportunity for these activities to exist within your business and how to protect yourself, your team and your bottom line.

Topics covered in the procurement & global trade fraud training programs are designed and prepared in compliance with the criteria and requirements set by the different participating parties and their respective industry sectors.

Training topics include: