The research project was about examining the influence of ownership concentration on fraud occurrence and investigates the moderating effect of audit committee’s independence on ownership concentration and fraud occurrence in GCC non-financial listed companies from period 2011 to 2018. The examination and analysis of this study reveals that the ownership concentration is positively associated with fraud occurrence without the moderating effect of the audit committee. Moreover, the independent director of the audit committee increases the financial reporting quality, thus lowering the ownership concentration effect, which might lead to fraud occurrence in the organization.