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Corporate Victims of Fraud Victims of crime are usually associated with individuals who have suffered from violent personal crimes such as rape or assault business and other organizations however can also be victims but of a different type of crime The types of crimes against corporations which will be discussed in this paper are economic crimes such as those that involve fraud and deception It is a fact that many consumers today are afraid of being outsmarted by businesses that make their money on scams but it is also a fact that many corporations have the same fear The effects of fraud against businesses can be devastating with companies ending up bankrupt wound up and their employees being forced to leave Those who have invested in the organization may loose all or part of their capital Organizations vary greatly in size from small businesses to medium-sized corporations and multinational enterprises Each of these may be a victim of crime and if the crime is large enough it may lead the company to great losses Fraud in many companies for instance at ATT Canada Inc is a problem that costs the company millions of dollars Its up to management to control it Organizations may be victimized in a wide variety of ways and by a range of people Most often their experience with crime will be economic and acts of fraud and deception will be the principle types of crime from which they will suffer Even large corporations which have an enormous amount of power in the business world may turn out to be on the suckers list of big time contrepreneurs of fraud Being a large corporation does not guarantee being safe from fraud it just gives the company the advantage of being able to put money into security ATT Canada is the countrys largest competitive national broadband business services provider and competitive local
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