News of commercial database hackings may seem commonplace in 2019. However, while many of these stories focus on hacked bank and credit card accounts, 401(k) plan sponsors and participants are
Buying a home is stressful enough without also having to worry about potential fraud. Unfortunately, real estate fraud is surging. According to Realtor magazine, scams targeting the industry rose 1,100
Because they foster a collegial, trusting environment, law firms can be more vulnerable to fraud than many other types of businesses. Enforcing internal controls may simply seem unnecessary in an
Your board’s audit committee is a first line of defense against fraud. But to be effective, committee members need to do more than simply review financial statements and audit results.
For brick-and-mortar retailers, return fraud can be a serious financial threat. There are several types of schemes. But when they are successful, they all end the same way: stores issue
Bankruptcy (or liquidation) can be a valid business tool when used properly. Unfortunately, it also can enable less-than-honest business owners to profit at the expense of their creditors – such
Mergers and acquisitions are filled with risks, some of them unavoidable. But buyers can avoid risks associated with cooked books and other forms of deceptive accounting used by a seller
Concert, sporting, and other event tickets can go for astronomical prices — when they are even available. Hoping to find reasonably priced tickets (or to find tickets at all), many
In the restaurant industry, where long hours and thin profit margins are the norm, owners and managers often lack the time and resources to focus on fraud. Unfortunately, restaurants can
Forensic accountants are best qualified to unearth the ‘hows and whys’ of occupational fraud, but it is up to employers to know when it is time to call for professional
