Fraud and crime are endemic across the public sector and the business and corporate worlds.

Globally each year it is estimated that property and casualty insurance claims professionals handle more than $300 billion in fraudulent claims payouts and expenses. Insurers spend $billions a year on claims investigations and adjusting in a bid to detect and reduce fraud.

Fraud costs US organizations more than $400 billion annually. (Association of Certified Fraud Examiners).

The business and corporate sector conservatively spends more than $10 billion annually on investigative services and products.

In the US in 2000, 47 state insurance fraud bureaus allocated $100 million to fight fraud, up 21% from the previous year and 47% from 1998.

Each year Fortune 500 companies spend between $2 million and $4 million fighting corporate fraud, with some companies spending as much as $10 million.

Worldwide spending on fraud prevention, investigations and solutions is now a multi-billion dollar industry.
--Theinvestigatoronline.com