2015

Introducing Afraus: an Unsupervised Fraud Detection Algorithm 2015/07/02

The last Report to the Nation published by ACFE, stated that on average, fraud accounts for nearly the 5% of companies revenues. on average, fraud accounts for nearly the 5% of companies revenues [![Tweet: on average, fraud accounts for nearly the 5% of companies revenues. http://ctt.ec/u5E6x+](http://clicktotweet.com/img/tweet-graphic-4.png)](http://ctt.ec/q3j4X) Projecting this number for the whole world GDP, it results that the “fraud-country” produces something like a GDP 3 times greater than the Canadian¬†GDP.

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