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The average perpetrator is male, between the ages of 31 and 45, and has no prior fraud charges or convictions, according to a study from the Association of Certified Fraud Examiners. The study looks at 1,843 cases of occupational fraud in 2008 and 2009. Tips are by far the biggest source of detection. (OC Register)
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.