Fraud and Forensics

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Technology’s Dark Side: How to Prevent ACH Fraud

The convenience of instantaneous information can blind us to technology’s drawbacks, including cyber attacks and data breaches. But there’s another, lesser-known technology-enabled crime to watch for — Automated Clearing House (ACH) fraud.
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3 Good Reasons to Conduct Background Checks When Hiring

Many employers use background checks as a regular part of their hiring processes. If yours is a smaller organization, you may understandably feel pressured to hire good candidates quickly. After all, you don’t have the hiring resources of a larger organization and might really need the help. But, in today’s
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Why You Need a CPA on Your Fraud Litigation Team

Even an extensive fraud prevention program can’t guarantee your company will escape fraud-related legal action. If you decide to initiate a civil suit or press criminal charges against an employee involved in fraud, you’ll need every resource at your disposal. One of the most critical is the expertise of a
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Nonprofits: Stop Being Such an Easy Fraud Target

Because their cultures are oriented toward helping others, nonprofits often find it impossible to imagine that anyone working for them would steal. As a result, too many charities neglect to put proper internal controls in place and, if they’re defrauded, refuse to seek prosecution of the perpetrator.
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Thorough Due Diligence Can Protect Your Acquisition From Fraud

In today’s rough-and-tumble world of mergers and acquisitions (M&As), buyers need to get to know business sellers and their executives, test their representations about asset condition and financial performance, and screen for common fraud schemes.
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Why Limited Partnership Fraud is Easy – And How You Can Stop It

Sometimes it happens: General partners (GPs) of a limited partnership intentionally mismanage the business or commit fraud. If you’re a limited partner (LP) in such a partnership, it’s important that you recognize the signs that something’s amiss.
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Don’t Let Lapping Fraud Run Circles Around Your Business

Lapping, or using receipts from one account to cover theft from another, is one of the most common methods of skimming from company accounts. But with vigilance — and a little knowledge — you can prevent this type of fraud from damaging your business.
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Tax Identity Stolen? The IRS Can Help

Recovering from tax-related identity theft can be a frustrating and time-consuming process. But the IRS can help remove fraudulent, inaccurate information from your federal tax records and ensure that your legitimate return is processed correctly. The key is to address the issue as soon as you realize your identity has
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How Some Spouses Attempt to Hide Income and Assets During Divorce

Parties to divorce sometimes accuse their spouses of hiding income or assets. Unfortunately, such accusations occasionally are true.
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How Your Nonprofit Can Avoid Investment Fraud

Investment fraud, such as Ponzi schemes, can cause significant financial losses for not-for-profits. But the harm it can cause an organization’s reputation with donors and the public may be even worse.
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Revenue Fraud in Associations

Fraud that makes the headlines are typically disbursement schemes, meaning that they are frauds that occurred from the disbursement of cash, such as embezzlement and purchasing frauds.  While these are very significant and should be considered by every type of organization by addressing internal controls surrounding cash disbursements, associations may
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Don’t Let Unethical Sales Spoil Your Company’s Success

If your sales team is willing to say whatever it takes to land a sale, it could hurt your company’s good name. So don’t overlook sales when building an ethical business culture.
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How to Preserve Fraud Evidence

Your first action when you uncover fraudulent activity should be to take proactive steps to preserve evidence. Otherwise, you might inadvertently destroy or discard critical data. And without evidence, fraud can’t be fully traced and perpetrators can’t be prosecuted and punished.
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Tips for Writing a Company Security Policy

Every day there are tens of thousands of new threats created, and most of them will be delivered to your employees in the form of an innocent looking email, a shared file, or an infected website. A simple click of their mouse will invite it in to your network. So
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Tax Scams Do Not End With the Tax Season

Once the tax filing season is over doesn't mean that tax scams have ended. Taxpayers face the threat of tax scams at any time because it is highly profitable for fraudsters year round. IRS phone scams, in particular, can be carried out any time of the year.
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