Top Phrases Used By Fraudsters

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Computer Weekly writes about software that reads email conversations to detect potential fraud…

The analytics software can also track and evaluate the use of code words. The searches of data, which initially do not identify employees, also flags uncharacteristic changes in tones and language and has been tailored for specific sectors, particularly traders.

After running it on tons of conversations, investigators turned up over 3,000 common words and phrases, plus several trends. Here are the 15 most common phrases…

  1. Cover up
  2. Write off
  3. Illegal
  4. Failed investment
  5. Nobody will find out
  6. Grey area
  7. They owe it to me
  8. Do not volunteer information
  9. Not ethical
  10. Off the books
  11. Backdate
  12. No inspection
  13. Pull earnings forward
  14. Special fees
  15. Friendly payments

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