Fraud

Fraud related

calculator and notepad placed over stack of usa dollars

Prevent internal fraud – the most important steps

The frequency of small business fraud is 28% of all small companies. The median loss is between $100,000 and $300,000. Business Fraud Prevention The Problem Fraud and embezzlement are rampant in small companies of less that 100 people. Common schemes of fraud and embezzlement include: Signing checks without authorization Phony vendors Wire transfer schemes Cash

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