Most occupational frauds are discovered by an anonymous tip, experts say, and fraud reporting mechanisms such as hotlines are encouraged as effective means of uncovering and discouraging employee fraud.
The Association of Certified Fraud Examiners (ACFE) recommends that hotlines should be able to receive tips from internal sources as well as from those outside the organization. The person calling should be assured that their comments are anonymous and confidential, and will be listened to. It is also helpful if they are monitored by a third party organization.
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