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Customer fraud is new threat to Kenyan firms
PricewaterhouseCoopers advisory partner Muniu Thoithi (left) and head of regulatory, compliance and advisory Joseph Githaiga during the release of PwC's 2018 Global Economic Crime and Fraud Survey on February 27, 2018. PHOTO | SALATON NJAU | NMG
Client-driven fraud has risen to rank among the leading threats to the modern corporation, according to a newly-released global economic crimes report.
PricewaterhouseCoopers (PwC) says in the report that up to 37 per cent of Kenyan firms suffered client-led fraud in the past couple of years, placing customers among the biggest economic threats to business.
