Keeping a Watchful Eye on Fraud During the Holidays As businesses prepare for a busy holiday season, with increased customers, sales and especially e-commerce transactions, it’s important to keep fraud risk in mind. Fraud can be especially crippling for small businesses. According to the Association of Certified Fraud Examiners (ACFE) Report to the Nations 2018 … Continue reading Protect Your Business During the Holidays
Fraudulent financial schemes aimed at the elderly population are increasing rapidly. Together, we can fight it. A Few Common Schemes • “You won the lottery!” Victims are told they’ve won big and are asked to pay a fee to unlock their winnings. • “Hi Grandma, do you know who this is?” This is an attempt … Continue reading Elderly Financial Abuse: How to spot it and help stop it.
Identity theft doesn’t just wreak havoc on your business finances, credit and reputation; it can cost you a lot of time and money as well. Knowing what it is, how to prevent it, and what to do if you become a victim could save your company’s credit, reputation and bottom line. What is Business Identity … Continue reading Business Identity Theft – What You Need to Know
According to the FBI, business fraud consists of dishonest and illegal activities perpetrated by individuals or companies in order to provide an advantageous financial outcome to those persons or establishments.1 Also known as corporate fraud, these schemes often appear under the guise of legitimate business practices. While fraud can harm any type of business, it … Continue reading Fraud Protection for Small Businesses
Employee spending can add up fast and also lead to fraudulent behavior if left unchecked. Managing employee expense reimbursements can be challenging, especially for a small business. As a business owner, you need to know what you’re reimbursing for, while also being fair to employees. Here are four tips to help keep expense costs down … Continue reading How to Effectively Manage Employee Expenses
Protecting yourself and your business from fraud allows you to concentrate on what matters most: the success of your business. Running a business is a big investment. Any level of fraud, especially for a small business, could be costly and devastating. Small businesses tend to be more informal, with family-type environments and less checks and … Continue reading How to Protect Your Business From Fraud