Many of us, at some point, have been involved in the management of some type of youth athletic organization. This month a story broke about a Northeast Ohio lacrosse league that fell victim to at least a $90,000 theft, allegedly committed by the league president over a four-year period.
Equifax is one the of the three major credit reporting bureaus in the U.S. and because of the “quality” of personal data that has been accessed and stolen, this breach is huge.
Corporate credit cards are a reality in nearly every business. That being said, having adequate internal controls are key to preventing credit card abuse.
While widely popular, many do not know the personal financial risks associated with debit cards.
Looking to prevent fraud in your organization? Here are some of the most commonly asked questions when it comes to protecting your company’s money.
It’s no secret that many fraudsters steal cash from smaller nonprofit organizations because cash is more difficult to trace than stealing through any of the disbursement schemes. So what can you do to help prevent this?
Many of us volunteer our time on behalf of a charitable organization. However, nonprofit organizations can easily fall prey to fraud due to the lack of internal controls and financial oversight.
Don’t get hooked! Here are three of the most prevalent and damaging tax scams for 2017—and how you can avoid falling victim to them.
When I receive a call about our forensic services, one of the first questions I ask is, “Does the company have theft insurance?” The usual response is “Yes, we have insurance.” After examining the policy document in more detail, we collectively learn that they have standard business insurance, but that they are not insured from their employee’s dishonest acts of internal theft.