Kroll’s 2023 Fraud and Financial Crime Report shares the findings from a survey of 400 executives across the globe conducted in Q1 2023. This report navigates the complex, innovative and ever-changing landscape of financial crime and technology and shines light on the more than USD 800 billion laundered every year.
We began 2023 with ongoing economic pressures, geopolitical tensions, an increasingly diverse regulatory environment and exciting advancements in AI. International headlines were dominated by revelations of Ponzi schemes, government scandals, public corruption, greenwashing, sanctions evasion and other economic crimes. Behind these headlines were passionate prosecutors, attorneys, law enforcement officials, regulators, compliance officers and risk analysts working together to combat the rising tide of financial crime. A better understanding of the state of the fight against financial crime has become more important as new technology unfolds.