80 Percent of Thefts Are by Employees
Credible research shows that over 80% of company thefts are perpetrated by employees, or with their knowledge, while corruption and collusion between employees has been recorded in 48% of theft and fraud cases. More recent survey results confirm that the frequency, value and sophistication of internal theft and fraud is still growing worldwide.
In order to stem this tide, global audit companies recommend the development and implementation of a code of ethics & business conduct and a fraud and corruption policy incorporating confidential prevention & detection mechanisms. This thinking has been reinforced by the Sarbanes Oxley Act in the USA, the King reports and the Companies Act (2008) in South Africa.Innovative Crime Prevention and Detection Service
Whistle Blowers (Pty) Ltd offers an innovative crime prevention and detection service which acknowledges the idiosyncrasies of the specific business environments and, as such, has adopted an approach that is unique in concept and practical in application.
In simple terms, Whistle Blowers is an independent subscription service that is designed to provide employees of subscribing companies with the means to anonymously “blow the whistle” on fraud, criminal activity and/or other irregularities in the work place. This means that employees have access to a 24Hr communication centre, equipped to receive information by phone, fax, post or e-mail. All this is totally confidential.Whistle Blowers – More than Just a Hotline
More than just a hotline, the Whistle Blowers project management approach ensures the buy-in and support of all players. The team at Whistle Blowers has an holistic approach which include educating all levels of staff on the mechanics and the benefits of the program and motivating them make use of the program and help prevent crime. We also are able to:
- identify criminal activity by recruiting the services of honest employees
- qualify the information received at the Communications Centre
- provide feedback in the form of comprehensive reports
- advise on the course of action offers on-going project management, and
- facilitates appropriate resolution.
+27 (086) 000 5 111
+27 (086) 522 2 722
PO Box 51006, Musgrave, 4062