Jury duty fraud rears its ugly head again
Some fraud schemes refuse to die. Jury duty scams existed long before phishing, malware and other cybercrime methods became synonymous with identity theft. Yet just this month, the U.S. Marshals […]
Category: Fraud
Healthcare data breaches can threaten your financial well-being
Like many sectors of the economy, the healthcare industry regularly suffers data breaches. Healthcare analytics company Protenus has found that nearly 32 million patient records were breached between January and […]
Defrauded? Prioritize evidence preservation
You may suspect that an employee has stolen from your company. But without evidence of a crime, you’ll have a hard time pursuing prosecution. So if you discover fraud, first […]
Watch out for these 5 business service scams
Preventing fraud from costing your company can sometimes seem like a game of whack-a-mole: Squash one scheme and another one pops up. Business service scams are particularly abundant. Fraud perpetrators […]
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 […]
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 […]
