5 Signs of a Fraudster

Every year, fraud hits businesses BIG-TIME! According to the Association of Certified Fraud Examiners, businesses are losing BILLIONS of dollars to employee thief each and every year. Insider fraud is real and it’s happening every day to unsuspecting business owner.  In many cases, it’s discovered too late.

Hiring the wrong person could literally shut a business down for good!

Business owners must ask themselves one tough question: Did You Hire a Fraud?

In nearly 79% of fraud cases, the perpetrator exhibited at least one of these five behaviors.  And with social media, business owners can easily spy on an employee without breaking the law.

These are the signs:

F- Flashy – While there might be a reasonable explanation for why your receptionist has recently upgraded from a Corolla to a BMW, you should pay close attention to her work to make sure you are not paying for her new ride.

R – Recently divorced – Divorce and family issues takes a toll on one’s mental state and can greatly impact ones finances. This financial strain could lead someone to commit fraud.

A – Always at work – When you have an employee who is there when the office opens and closes and never takes a vacation, many would see this as a dedicated employee.  But this could be someone who is there all the time so they can cover up their fraud.

U – Unusually close – Take note of any unusually close relationship with vendors, customers, or other employees.  This could be going to lunch together more often than most, having drinks after work, or even taking trips together.

D – Drowning in debt – Persons who are under a lot of financial pressure might be receiving lots of calls from bill collectors at work or they might be ignoring calls on their cell phone during the work day.

To learn more ways to protect your business from insider fraud, grab a copy of, Did You Hire a Fraud?


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Bernadette L. Harris
Forensic Accountant at By The Book Accounting
Bernadette L. Harris is a Forensic Accountant, Certified Fraud Examiner, Expert Witness, Keynote Speaker, and #1 bestselling author who has helped hundreds of business owners put systems in place to protect their businesses and prepare for growth.

Her latest books, Business Blueprint 2.0 and Did You Hire a Fraud? can be purchased at: Shop.BernadetteHarris.com.

She speaks to audiences across the country about entrepreneurship and fraud prevention. Follow her on social media @TrustBernadette

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