Dealing with Occupational Fraud: Prosecution and Recovery

The video tutorial discusses the steps to take after identifying occupational fraud in an organization. It emphasizes the importance of referring fraud cases to law enforcement to prevent future incidents and highlights the challenges organizations face, such as fear of bad publicity and costs. The video also notes that recovering lost funds is rare. Key takeaways include the necessity of prosecuting fraudsters and the slim chances of full recovery.

What is the likelihood of recovering lost funds from occupational fraud according to the text?

Why is prosecuting a fraudster considered the right thing to do for an organization?