Main Street Lending Program: What You Need to Know By: Tony LaNasa The Main Street Lending Program (Program) was established by the Federal Reserve to support lending to small and medium-sized businesses impacted by the COVID-19 pandemic. The Program […]
The latest news on nonprofit fraud is here By: Tony LaNasa Every two years, the Association of Certified Fraud Examiners (ACFE) publishes what has become the definitive guide for preventing and detecting workplace fraud. The recently released Report to the Nations: […]
Where’s my package? Foiling parcel delivery thieves By: Tony LaNasa Even before the novel coronavirus (COVID-19) pandemic struck, Americans received a lot of packages. About 18 billion parcels were shipped in the United States in 2018, according to […]
SBA Releases Guidance on Forgiveness of PPP Loans By: Tony LaNasa On Friday, May 22, 2020, the SBA issued a long-overdue interim final rule providing guidance on how forgiveness will work for PPP loans. Below is a summary of how the […]
Don’t get shortchanged by a liquidating business By: Tony LaNasa Several major companies have already filed for bankruptcy during the novel coronavirus (COVID-19) crisis and many more large and small businesses are expected to follow suit. If you’re a creditor […]
Recent efforts to corral COVID-19 fraudsters By: Tony LaNasa The COVID-19 pandemic has opened the floodgates to scam artists attempting to profit from sick, anxious and financially vulnerable Americans. On the frontlines fighting fraud are the Federal Trade Commission […]
Give your employees a voice to report fraud By: Tony LaNasa Before the novel coronavirus (COVID-19) pandemic struck, employees who suspected occupational fraud in their organizations had multiple options for notifying their employers. For example, they could use interoffice mail to […]
Everyone loses when workers are paid “under the table” By: Tony LaNasa Paying workers “under the table” or with cash can save businesses a bundle in taxes. But the potential consequences are grave. Not only is this practice illegal and could result […]
Seniors face a double threat with COVID-19 By: Tony LaNasa The coronavirus (COVID-19) pandemic may pose a double whammy for seniors. The elderly are considered the most vulnerable population for medical complications associated with the virus. They’re also prime targets […]
Fake COVID-19 treatments and other new fraud schemes By: Tony LaNasa Like the coronavirus (COVID-19) pathogen itself, incidents of COVID-19 fraud are surging and financial losses are piling up. The Federal Trade Commission (FTC) reports that the number of 2020 COVID-19-related […]
How COVID-19 poses new fraud threats to vulnerable businesses By: Tony LaNasa Scam artists know how anxious business owners are during the current coronavirus (COVID-19) crisis. They know that as you struggle to meet customer demands and pay employees and stay solvent, […]
Fraudsters are using COVID-19 to fleece Americans By: Tony LaNasa As governments around the globe mobilize to defend their populations from the novel coronavirus (COVID-19), criminals are also mobilizing — to fleece people. These opportunists have already found ways to […]