Most common business fraud schemes

30-November-2010 Fraud and Insolvency By Mark Streeter
Business fraud is an increasing problem not only in Australia. In this American video, forensic accountant and anti-fraud director, Lance Randolph of CBIZ MHM, discusses the two most common fraud schemes facing corporate America today. The situation in Australia is similar with corporate fraud conducted by a company’s own staff a serious issue.
Protecting your business from fraud can be a matter of having simple procedures in place.
It is amazing that simply “writing a cheque” is the easiest way for businesses to be de-frauded by their own employee(s). The second one is the use of counterfeit cheques.

Do you suspect Corporate Fraud? Ask for a free White Paper: Workplace Fraud Investigation. How to uncover it, prevent it, stop it

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Written by Mark Streeter

Mark Streeter

The Director of Streeterlaw, Mark has been practicing Law since 1994. He has attained his Masters of Law in 1999 and in 2006 was awarded his Specialist Accreditation in Commercial Litigation. Mark is a member of ARITA, a graduate of the AICD and a member of AICM. A member of STEP, Mark enjoys working in the area of Wills and Estates. In 2020 Mark is the Chair of STEP NSW.

Call us on 02 8197 0105 to book an appointment with Mark Streeter!

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