What does the phrase 'the numbers do not lie' suggest about financial fraud?

The phrase 'the numbers do not lie' implies that the statistical data reflecting financial fraud provides an accurate representation of its prevalence and seriousness. This suggests that fraud is indeed a significant issue worldwide, as the data can reveal patterns and trends that pinpoint the extent of fraudulent activities across various regions and sectors.

In the context of financial crimes, relying on verifiable and quantifiable data underscores the reality of fraud occurrences, reinforcing the notion that it is a pervasive challenge that affects economies regardless of their developmental status. It emphasizes the importance of acknowledging the true scale of the problem based on objective metrics rather than subjective assessments or perceptions.