When limited partners suspect general partners of fraud
Fraud suspicions are hard enough to investigate if you’re a business owner and call the shots. But what if you’re a limited partner (LP) in a business where a general […]
Category: Fraud
Bad romance: Your online “match” may be a fraudster
According to various estimates, approximately 25% to 30% of online dating accounts involve scammers. Therefore, if you maintain a dating platform account, you need to know that a significant portion […]
Forget cybercrime — “creepers” are an old-school threat to your business
If you devote all your business’s security resources to fending off hackers and other cybercriminals, you may be unlocking the door, literally, to more basic types of theft. “Creepers” are […]
With international trade fraud, your ship may never come in
The U.S. economy depends on import and export markets to run as designed. After all, revenue from trade tariffs and duties contribute $30 billion annually to federal government coffers. Unfortunately, […]
How you can help stop elder financial abuse
It’s one of the most difficult types of fraud to unearth. But it doesn’t directly affect businesses or the average consumer — in large part because its victims rarely report […]
How to put the brakes on lapping schemes
Lapping is one of the most common ways crooked employees skim money from their employers. In these schemes, a perpetrator uses receipts from one account to cover theft from another. […]
Wielding Benford’s Law to find fraud
Benford’s Law is a long-standing statistical precept that remains as relevant and widely accepted in fighting fraud as ever. By wielding it effectively, experts can cut down fraudsters who unknowingly […]
Encourage sales staff to walk an ethical line
When the market competition heats up, you might provide extra incentives for your sales staff to perform. But be careful: Some employees may step over the line — to earn […]
Typosquatters profit from common user errors
The Web has opened plenty of new avenues for criminal behavior. For example, you may have heard of cybersquatting. Someone registers a site’s domain name that includes a trademark and […]
Why affinity fraud is particularly heinous
Affinity fraud — where perpetrators exploit connections of race, religion, age, politics, and profession — is one of the cruelest forms of criminal deception. Fraudsters often belong to the groups […]
Getting the goods on hidden assets
[vc_row][vc_column][vc_column_text] Hidden assets can be an issue in a variety of contexts — from divorce to bankruptcy to fraud. An acrimonious divorce, ownership dispute or occupational theft incident could all […]
How dirty money can sully real estate transactions
Money laundering is the process by which criminals transform their ill-gotten gains into legitimate-looking funds. It’s widespread and wide-reaching, making it a significant corrupting influence on financial systems, governments, and […]
