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Russia tops Pricewaterhouse global fraud survey

* Russia fraud at 71 pct, 12 percentage points up from 2007
* Asset misappropriation, corruption most common fraud

* More fraud expected in economic downturn

Russia has the world's most fraudulent economy and attempts to stamp out white-collar crime have done little to stop its spread during the global financial downturn, PricewaterhouseCoopers [PWC.UL] said in a survey. Seventy-one percent of Russian respondents to PwC's global economic crime survey said they had been subject to economic crime in the past year, more than in next-ranked South Africa, Kenya, Canada and Mexico.


What? We're only second?? I guess we'll have to work even harder...
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