In every work environment, there’s an unwritten level of trust. The employee trusts the employer to treat them fairly and compensate them for the duties they perform. The employer trusts the employee to perform their assigned duties to advance the business. A breach of that trust at the hands of […]
Fraud Prevention
8 posts
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 […]
No business or organization is immune to fraud. It can happen anywhere. In 2017, organizations with less than 100 employees lost nearly $1M to insider theft. Discovering a fraud too late, could close the doors of a thriving business for good. Don’t be the next victim. Here are a few […]
The average embezzler is more than likely the person you trust the most and suspect the least. They are accountants, bookkeepers, bankers, managers, and sometimes your business partners. Because of the role they play in your business, many times they can easily conceal their crime. Forensic accountants are professionals with […]
Two weeks ago I received the scariest call ever! My daughter called me out of the blue (because we usually text first, the call frighten me). Her voice was very low and filled with fear, and she said, “Mommy, there’s an active shooter on campus (she works at Howard University), […]
Just the other day I read a story about a small business owner who was “taken” by the person they should be able to trust the most – their bookkeeper. For about a year, she was forging checks and stole nearly ½ million dollars! That’s a lot of money! Imagine […]
I often times get forwarded emails from clients asking “is this true?”. They generally have an email “supposedly” from the IRS saying that they have a refund and all they have to do is….”click on this link” to claim it. YEAH RIGHT!!! BEWARE!!!!! It’s a scam!!!!! Here are a few […]