Fraud & Corruption
Fraud — Loss by Scheme Type
Estimated fraud losses grouped by scheme: billing fraud, kickbacks, payroll and procurement collusion.
Quantifying loss by how the fraud was run
Grouping fraud losses by scheme type tells an entity which fraud mechanics are costing it most, which is the starting point for targeted anti-fraud controls. The ACFE occupational-fraud taxonomy and COSO's fraud-risk principles both frame fraud by scheme, and PRECCA criminalises the underlying conduct. AuditPro Core estimates and groups losses by scheme so anti-fraud investment follows the money rather than intuition.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Estimated fraud loss
R2.1 bn
▲ 14%
Top scheme
Procurement collusion
34%
Schemes detected
9
Detected by tip-off
47%
Fraud loss by scheme (R m)
Fraud schemes
| Scheme | Loss (R m) | Cases |
|---|---|---|
| Procurement collusion | 714 | 86 |
| Billing / vendor fraud | 462 | 124 |
| Kickbacks & bribery | 388 | 73 |
| Payroll fraud | 301 | 58 |
| Expense reimbursement | 135 | 211 |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
Billing schemes
Fictitious vendors, inflated invoices and shell suppliers extract cash through the accounts-payable process. They are detected by vendor-master and invoice analytics.
Kickbacks and collusion
Officials steering awards in return for a benefit, and bidders colluding on price, corrupt the procurement process itself. These leave statistical and relationship red flags rather than obvious anomalies.
Payroll fraud
Ghost employees, inflated overtime and unauthorised allowances drain the salary budget. Payroll-to-HR reconciliation is the core detective control.
Scheme-led control design
Knowing which scheme dominates the loss lets management design specific controls, vendor vetting for billing fraud, bid analytics for collusion, rather than generic measures.
How AuditPro Core Bridges the Gap
- Loss attribution: estimated losses are grouped by scheme type to expose the costliest fraud mechanics.
- Continuous monitoring: scheme-specific analytics run over vendor, payroll and procurement data on each cycle.
- Traceability to source: each estimated loss links to the transactions and parties that compose it.
- Exception workflow: high-loss schemes drive prioritised investigation and control remediation.
Key Takeaways
- Group loss by scheme to direct anti-fraud spend at the costliest mechanics.
- Billing and payroll schemes yield to data analytics; collusion to red-flag analysis.
- Payroll-to-HR reconciliation is the core control against ghost-employee loss.
- Scheme-specific controls beat generic anti-fraud measures.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.