Economic crime still prevails in the United States and other parts of the world, as 53 percent of U.S. companies surveyed in a recent global economic crime study reported that they were affected by some form of it in the past two years, with losses totaling $223 million.

Forty-four percent of international respondents claimed to deal with economic crime as well. The statistics come from the PricewaterhouseCoopers 2007 Global Economic Crime Survey, a study that queried 5,400 global companies and was conducted in association with Germany's Martin-Luther University of Halle-Wittenberg (see Economic Crime Plagues Companies). PwC executives elaborated on the study during a press briefing this week.

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