Fraud continues to be a serious and costly problem for businesses. Now in a Third Edition, this practical resource, written by the founder and chairman of the Association of Certified Fraud Examiners, is filled with real-world cases and statistics on the various types of fraud and their real cost to organizations. It reveals the various, incredibly creative fraud schemes used by employees, owners, managers, and executives to defraud their customers. Auditors, fraud examiners, and criminal investigators will discover how to spot the "red flags" of fraud and prevent it from happening in the first place.