How Fraud Examiners Can Use Benford’s Law to Detect Fraud with a Click of a Button (Without Complex Excel Formulas)?

If you’re a fraud examiner in 2022 based in the USA, your work is cut out for you. You’re tasked with analyzing thousands of datasets to identify the perpetrators in what the papers call an “epic swindle” (aka fraud) of COVID-19 relief funds by individuals, businesses, and even organized crime syndicates. 

You’re using your tried and true tactics to carry out your work. For example, you might use Excel to detect unusual trends, comp