Earlier this year, the Corporate Transparency Act (CTA) became the latest law intended to foil financial crime. This law is part of the National Defense Authorization Act and requires certain
Corporate espionage has long been a threat for U.S. companies. Recently, intellectual property (IP) theft by foreign governments and organized crime gangs has grabbed headlines — for good reason. According
For-profit colleges and vocational schools — especially online programs — provide degree-earning opportunities to many Americans who might not otherwise be able to pursue higher education due to financial pressures
The Association of Certified Fraud Examiners’ (ACFE) ‘Report to the Nations: 2020 Global Study on Occupational Fraud and Abuse’ provides ample evidence that some fraud detection methods are better than
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
Vendor fraud can be costly — particularly when several perpetrators are involved. The median loss of a fraud scheme conducted by two individuals is $200,000, according to the Association of
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
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
Before the COVID-19 pandemic, most fraud investigations took place in the office or other work facility. This made it easy for investigators to gather and analyze data and interview suspects
Although COVID-19 remains a concern, many people have started traveling again both for business and pleasure. Unfortunately, as travel demand has increased, so has travel-related fraud. For example, some fraud
