Whistleblowing is by far the most important way to detect fraud and corruption. But what do we know about it – and how much of that is based on rumours? After having analyzed the world’s largest dataset of internal whistleblower tips (n= 2 mio), in 2020 Professor Kyle Welch (George Washington University) published a paper (link below) that refuted many wide-spread assumptions. As it turns out, whistleblowing is as effective as it is paradoxical. 

Direct support for this podcast comes from Nemexis GmbH (Berlin, Germany), a corporate crime investigations company specialized on Central and Eastern Europe: nemexis.de

Your host is Paul Milata, CFE, PhD.

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

Sources: Stubben, Stephen and Welch, Kyle, Evidence on the Use and Efficacy of Internal Whistleblowing Systems (February 29, 2020). Available at SSRN: https://ssrn.com/abstract=3273589 or http://dx.doi.org/10.2139/ssrn.3273589