Senior managers ‘committing more workplace fraud’

Senior managers are increasingly committing fraud as ‘red flag’ warning signs are “missed and ignored”, research from KPMG has revealed.Company bosses were the culprits of nearly a fifth of workplace frauds (18 per cent) compared to 11 per cent in 2007, according to analysis of 348 white collar crimes between January 2008 and December 2010 across 69 countries.