Tag: Fraud

Statistics on fraud rates in family-run businesses are scant. This is most likely because the majority of family enterprises keep incidents of financial malfeasance under wraps and don’t involve law

In 2025, cryptocurrency fraud could reach unprecedented levels. This is driven by an increased interest in cryptocurrency, little regulatory oversight, and the constant introduction of new coins. Fraud perpetrators no

Your organization must remain vigilant to prevent financial losses from occupational fraud. In a nutshell: Trust employees, but routinely verify they aren’t stealing. This includes salespeople who, if they’re unethical,

Digital forgeries produced by artificial intelligence (AI), called deepfakes, have blurred the line between reality and illusion. On the upside, AI-generated deepfakes have revolutionized special effects in motion pictures and

Whether you’re an entrepreneur seeking start-up funds or the owner of an established business that needs capital to make an acquisition or develop new product lines, be careful when looking

According to the Association of Certified Fraud Examiners, when one occupational fraud perpetrator pulls off a scam, the employer suffers a median loss of $75,000. However, when crooked individuals collude,

Business email compromise (BEC) has emerged as one of the most financially damaging online crimes. Organizations lost nearly $56 billion across approximately 305,000 incidents between October 2013 and December 2023,

During busy seasons, your business may temporarily outsource some of its work to third-party contractors. Hiring contractors can be a cost-effective way to manage seasonal — or even ordinary — customer

In a crowded marketplace, job applicants must work hard to stand out. For some, that means bending the truth — or outright lying — about their experience, skills, and education.

Recently, a 401(k) plan participant fell victim to an elaborate scheme perpetrated by overseas criminals and was defrauded of approximately $740,000. However, even friends, family members, and employers have been