March 9, 2010 by Jared Bilski
Here’s a sobering stat: The average case of employee fraud goes on for two years before the victimized employer catches wind of it.
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Tags: ACFE, Anti-fraud trade group, Certified Fraud Examiners, Employee fraud, Fraudster, Personal finances, Red flags
March 5, 2010 by Jennifer Azara
December 2, 2009 by Shane Borer
A note to anyone considering a bank heist: Don’t write the robbery note on your pay stub.
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Tags: bank, Pay stub, Robbery
November 17, 2009 by Shane Borer
When this company couldn’t help but scale back on raises and reduce headcount, there was only one place it needed to look: this employee’s closet.
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Tags: Auditor, Designer purses, Embezzling, Reduce headcount
October 28, 2009 by Shane Borer
Any member of your Finance team would be able to spot this scam from a mile away — so why couldn’t this bank?
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Tags: Citibank, Fees, Nigeria, Scam, Wire Fraud
October 21, 2009 by Shane Borer
When this criminal mastermind attempted to hold up a doughnut shop, the last thing he wanted to hear was: “Don’t I recognize your stutter?”
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Tags: Criminal, Mastermind, Speech impediment, Stutter
August 20, 2009 by Jared Bilski
While running internal audits has become a fairly common practice, some firms are taking it a step further.
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Tags: ACL, compliance, Continuous auditing, Data sample, Institute of Internal Auditors, Internal audits
July 17, 2009 by Jared Bilski
For some rogue staffers, lifting office supplies or seeking reimbursement on a few minor “non-business related” charges is mere child’s play.
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Tags: Company property, Embezzlement, Employee fraud, security, Stealing, Theft, United States Postal Service
July 13, 2009 by Jared Bilski
What is your bank doing to keep your cash safe? If you don’t know, now’s a good time to find out — and the more detailed the info, the better.
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Tags: Account theft, Banks, Brokers, Hackers, New Hampshire, Theft, Trojan horses
July 10, 2009 by Jared Bilski
The growing popularity of Automated Clearing House (ACH) payments has created a slew of opportunities for fraudsters — and many are taking full advantage.
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Tags: A/P, ACH debit blocks, ACH fraud, Association for Financial Professionals, Automated Clearing House, Sitting Ducks
