What goes into a fraud damages calculation?
At first glance, calculating restitution for fraud damages may seem relatively simple. If someone steals $10,000 from a company, that person should repay that amount, perhaps with interest, right? Not […]
Category: Fraud
No disaster scammer is safe from the NCDF
What do COVID-19, major hurricanes, and West Coast wildfires have in common? All three have attracted scam artists, who have bilked disaster victims, charitable donors, insurance companies, and government agencies […]
3 ways fraud experts use data analytics
Forensic accountants have long used technological tools to uncover fraud schemes. But recent advances in “big data” have provided even better, more efficient techniques for identifying suspicious activities and dishonest […]
How to Conduct a Remote Fraud Investigation
Before the COVID-19 pandemic, most fraud investigations took place in the office or other work facilities. This made it easy for investigators to gather and analyze data and interview suspects […]
Fraud Lurks Case Study: I Love eBay!
This is the second in a series of case studies of frauds/defalcations which I personally investigated. This month’s case study is entitled “I Love eBay!” Similar to the first article, […]
Protect your company from cyberattacks by adopting zero trust
Some organizations struggle to prevent cyberattacks because they rely on cybersecurity tools and techniques that protect only their perimeter. Perpetrators who make it past a single line of defense (such […]
Be careful. There might be a “visher” on the line
“Vishing” may sound familiar, but unless you’re a fraud investigator, you probably haven’t encountered it. Unfortunately, that could change … soon. To foil a scam that increasingly takes advantage of […]
Gift or kickback? It’s a fine line
Your employees shouldn’t accept any gift offered with the intent to improperly influence business decisions — or even one that merely appears to compromise their ability to act in your […]
How to Work with a Forensic Accountant
Forensic accountants are professionals who have received specialized training to uncover fraud and protect against fraud threats. They’re uniquely qualified to review financial statements and business records and to interview […]
What you can do to prevent fraud in your construction company
Fraud is costly for all victimized companies, but it’s even worse in the construction sector. According to the Association of Certified Fraud Examiners’ Report to the Nations: 2020 Global Study […]
Prevent conflicts of interest from costing your business
Without trust between you and your employees, your business probably wouldn’t be very successful. Delegating responsibility, sharing ideas, working as a team — all require a certain level of trust. […]
How fraud perpetrators target military personnel and veterans
According to the Federal Trade Commission, veterans lost approximately $60 million to fraud in 2020. Active-duty military personnel and their spouses and dependents also suffered big financial losses to fraud […]
