Welcome to Fraud Awareness & Prevention Week!
Governor Walz issued a proclamation declaring November 15– 21, 2020 Fraud Awareness and Prevention Week. Fraud is knowingly misrepresenting the truth or concealing important facts to harm another or benefit oneself. The actions of a fraudster are intentional and purposely concealed, often making it difficult to detect or even separate from honest errors or mistakes. If fraud occurs in our state government, all taxpayers, state employees, and state agencies feel the impact, in financial terms, reputational damage, and loss of confidence in government officials. Occupational fraud in government accounts for median losses of $100,000 for every scheme duration.
We have all experienced many life-altering changes this year, some of which include remote work locations, changes to many state business processes, and challenges connecting to fellow employees and agency management. These changes add to the difficulty of preventing and detecting fraudulent activity. This week, we will focus on:
- Fraud risks and the impacts of fraud while working remotely;
- Controls to prevent and knowledge to detect fraud while being away from the office;
- Our responsibility to protect state assets and report fraud, waste, and abuse.