Industry Specific Fraud – Lessons from the Real World

Understanding how fraud manifests differently across industries is crucial because sector-specific drivers shape what goes wrong, who's involved and how it's hidden. Recognising tailored red flags-such as repetitive vendor payments in construction, surge of claims near year-end in healthcare, cash losses and loyalty abuse in retail, threshold transactions in finance, or material diversion in manufacturing-allows controls to be smarter, sharper and more relevant. Customising fraud risk registers and controls to each sector's unique pressure points, training staff with real examples, and simulating fraud scenarios ensures that your fraud controls are both targeted and effective.

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Originally Published by Crowe UAE on 29 October 2025