How You Can Help Stop Elder Financial Abuse
It is one of the most difficult types of fraud to unearth, but it does not directly affect businesses or the average consumer — in large part because its victims
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Tag: Fraud
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,
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
Typosquatters Profit From Common User Errors
The Web has opened plenty of new avenues for criminal behavior. For example, you may have heard of cybersquatting. Someone registers a site’s domain name that includes a trademark and
Encourage Sales Staff To Walk An Ethical Line
When 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 bigger
Getting The Goods On Hidden Assets
Hidden assets can be an issue in a variety of contexts — from divorce to bankruptcy to fraud. An acrimonious divorce, ownership dispute, or occupational theft incident could all lead
Why Affinity Fraud Is Particularly Heinous
Affinity fraud — where perpetrators exploit connections of race, religion, age, politics, and profession — is one of the cruelest forms of criminal deception. Fraudsters often belong to the groups
Protecting Youth Sports Leagues From Fraud
Who would defraud a kids’ organization? The answer, unfortunately, is that trusted adults sometimes steal from non-profits benefiting children. Youth sports leagues and teams, for example, are ripe for fraud.
The Connection Between Fraud & Geometry
Fraud experts have long suggested that the presence of three conditions, known as the “fraud triangle,” greatly increases the likelihood that an employee will commit fraud. Over the years, this
How Dirty Money Can Sully Real Estate Transactions
Money laundering is the process by which criminals transform their ill-gotten gains into legitimate-looking funds. It is widespread and wide-reaching, making it a significant corrupting influence on financial systems, governments,