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WATCH OUT FOR STUMULUS FRAUD
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$787 billion dollars is an awful lot of money! Certainly enough to attract the most creative frau... FRAUD SPIKES IN RECESSION Time/CNN recently postulated that \"we are in a boom time for scams.\" Among the reasons ... The Supreme Court has turned down an appeal by former Tyco CEO Dennis Ko... |
GET YOUR FRAUD GUARD UPOn May 5, 2006, Invvestors Business Daily advised " the biggest mistake companies make is to think that it cannot happen to them." "A typical company loses 6 % of annual revenues to fraud according to the Association fo Certified Fraud Examiners. To llimit fraud the article advised to create a perception of detection, set up anomynous reporting hot lines, and to be aware of risk factors. "Everybody who got defrauded know their employees" according to association general counsel John Warren."They wouldn't do anything like that." |