Outright criminal procurement fraud is thankfully rare, but compliance issues in federal contracting often have legal ramifications. Good communication can help, according to a new book. Contracts Law ...

A top Defense Ministry official was suspended allegedly in connection to the massive weapons procurement fraud case announced last week by the Security Service of Ukraine (SBU), the ministry said on ...

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...

NOTE: This article first appeared on FCW.com. Fraud is an ugly word, but it might not mean what industry thinks it means in federal procurement, according to a new book on the ins and outs of federal ...

Public sector procurement plays a vital role in the delivery of essential services, but fraudulent practices such as bid rigging, bribery, and inflated contract pricing continue to undermine ...

Wherever money is found, there is fraud. That’s why the risk of a business experiencing fraud within the procurement function is especially high. Over 50 percent of businesses admitted to being the ...

The risk of procurement fraud is prevalent in all areas of business, government being no exception. Globally, 41 percent of government organizations reported that they had experienced fraud in a ...

Procurement fraud is the unlawful manipulation of a procurement process to acquire contracts, goods or services or to obtain an unfair advantage during the procurement process. There are many examples ...

Jashpur: A man was arrested in connection with the Rs 6.55 crore paddy procurement scam case in Chhattisgarh, police said on ...