The fraudsters always have the motive behind their actions, which previously exhibited by certain behavioral red flags. Based on survey results presented in the 2018 Nation on Occupational Fraud [...]
There is no discrimination when talking about fraud and theft cases in the workplace. The size of companies does not matter. According to the 2014 Nation on Occupational Fraud and Abuse report, [...]
Fraud knows no discrimination. Small to large businesses cannot be separated from exposure to fraud risk. However, small businesses are more vulnerable because they tend to be limited in terms of [...]
Artificial intelligence (AI) will obviously be something big in the future, including in the field of fraud detection, for example in e-commerce, banking and other business types. AI is a [...]
We are often surprised by the fraudsters. Who would have thought colleagues or partners who had been good, trustworthy, not have a criminal record, were able to commit fraud that harms many [...]
Recruiting candidates means that the company will trust them to do their jobs, provide excellent service to customers and partners, and as a representative of the company’s brand. Thus, [...]
Technology opens more opportunities for counterfeiters. Often, we see famous brands file lawsuits because the brand properties were used without permission. It’s a little fraction of struggle [...]
2. Secrecy Honesty is the foundation of cooperation which is demonstrated through transparency. If the entity/individual did not show transparency, investors need to reconsider their investment [...]
Securities and Exchange Commission (SEC) filed a charge against Elizabeth Holmes, founder and CEO of Theranos, for a fraudulent investment that has been going on for many years bulging adverse [...]
The fundamental of the fraud scheme remains the same, yet, current advanced technology changes the way fraudsters perform their actions. The rapid development of technology opens more [...]
