This study aims to examine the effect of implementing corporate risk management on fraud prevention. This study adopts the COSO framework for risk management system analysis. This research is a quantitative study with a case study approach. The sample in this study were 99 employees who served in 5 business units using the simple random sampling method. The data analysis method used is Structural Equation Modeling (SEM). Based on the results of hypothesis testing, it shows that risk management has a significant effect on fraud prevention. The risk management implemented by PT Taspen can be categorized as good. However, it is still necessary to evaluate, monitor and further refine the company's risk management framework.