US, South Africa, Nigeria top list of reported fraudulent cases globally

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Nigeria has been ranked third among top 10 countries with the highest number of reported cases of occupational fraud recorded in industry for the year 2022.

This is according to a new research by Proxyrack, stating that the country comes behind the United States of America (USA) which has 625 and highest reported cases globally while South Africa makes second on the ranking list with 188 cases followed by Nigeria with 61 cases. 

The data company, in its industry fraud index report, stated that different job sectors recorded an estimated global loss of $3.6 billion in 2022 alone, due to a sharp rise in fraudulent activity over recent years.

According to the report, cases of…



Source: Nigerian Tribune