Are Nonprofits “More Susceptible to Fraud”?

Are nonprofits unusually susceptible to fraud? Consider the following:

Nonprofit organizations, in particular, are susceptible to fraud. At a recent webinar conducted by Armanino on occupational fraud in nonprofits, 63 percent of attendees who responded to a polling question said that their organizations had experienced fraud in the past.

The article provides numerous suggestions for what nonprofits can do to reduce the possibility of fraud.

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