Fraud isn’t just a big business problem, it’s a survival risk for startups and SMEs. Weak internal controls leave systems vulnerable, making fraud a threat that can drain finances or even destroy a business.

In this episode of P&L, we tackle the critical but often neglected world of fraud prevention, compliance, and internal controls with Raymon Ram, Certified Fraud Examiner and Anti-Money Laundering Specialist at Graymatter Forensic Advisory.

Against the backdrop of high-profile scandals like eFishery and the Ops Sky investigation, Raymon shares how businesses can adopt a risk-based approach to fraud prevention, focusing resources where they matter most. We dive into how companies can assess fraud risks early, build practical, cost-effective controls, implement strong whistleblowing systems, and scale internal safeguards as they grow.

Plus, we explore the "Say-Do Gap"—the disconnect between corporate values and real actions—and why closing it is essential for real compliance. Whether you're a startup founder, SME owner, or scaling entrepreneur, this episode offers actionable frameworks to better protect your business, your cash flow, and your reputation.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  Corporates,  managing,  technology

Tags:  internal controls,  fraud prevention,  compliance,  risk management,  sme growth,