According to Joel Barlow and Direct Market News, big-time CEOs aren't the only ones who should be in the cross-hairs. He argues that financial statment accounts for only 8% of all fraud and that "it is the other 92% that people should be concerned with." Barlow quotes the the Association of Certified Fraud Examiners which cites $660 million dollars in internal fraud losses annual, which equates to an annual loss of 6% for the average U.S. company.

-- MDT