Changes in Russian companies have led to an increase in the number of frauds

Seventy percent of the business representatives interviewed spoke of violations within the company. A similar representative sample of opinions six years ago showed a level of 66%, and the overall figure was 46%.

The reasons for the increase in the number of frauds in companies include changes in the corporate structure that took place in 2022-2023. These include both supply chains and changes in management and shareholders. This was largely due to sanctions. 15% of respondents reported a decrease in fraud cases after strengthening control within companies.

The most common violations: misappropriation of assets – 64% (up from 53%). The proportion of procurement fraud has increased significantly – from 35% to 50%, and companies also face cases of corruption and commercial bribery – 43% instead of 41%.

Financial damage resulting from fraud is also increasing, according to 56% of respondents. For a third of them, it amounted to more than 100 million rubles, for 10% – between 25 and 100 million rubles, and for 54% – between 1 and 25 million rubles.

An internal corporate offender is typically a male, middle or senior manager, between the ages of 30 and 40, who has worked at the company for 5 to 10 years at the time of the violation.

Companies in Russia have begun to appeal decisions of supervisory bodies without going to court twice as often: since the beginning of 2024, more than 22 thousand appeals have been submitted using the pre-trial appeal service of decisions of supervisory bodies through the State Services portal.