The objective of the present investigation was to analyze the financial fraud in the companies of the industrial and commercial sector in the city of Cartagena, Colombia, for which the most common types of fraud were identified, the necessary conditions for the materialization of the fraud were described and It was determined how is the miso risk management.The type of research was classified as descriptive, field, with no experimental, transactional design.Descriptive statistics was used for data analysis.The results show that financial fraud in the analyzed organizations has a moderate presence of some type of fraud, and of the risk factors, as well as a low presence of risk management mechanisms, which allows inferring that there is a low capacity to face it.It is concluded that financial fraud can occur in the companies studied due to the deficiency of the general conditions of control of the same.Keyword -Risk Factors