Fraud

Many businesses take online payment options in 2024. An example of this is allowing people to pay with services like Venmo. It often makes it easier for small businesses if the owner just accepts Venmo payments because people can make these transfers with their phone....

Wire fraud scams are growing more and more sophisticated over time – but all of them involve schemes to steal money from the victims. However, forewarned is forearmed. You have a better chance of avoiding wire fraud if you understand some of the most common types....

Not everyone follows through on their financial obligations to others. In fact, some parties intentionally break the law in an effort to sidestep their responsibilities to others. Businesses that provide goods and services to the public sometimes need to engage in...

Texas is known for its conducive business environment and favorable regulations. When setting up a business in the Lone Star state, chances are you’ll need vendors. Usually, these transactional relationships are founded on trust and professionalism, but that does not...

Businesses rely heavily on electronic transactions and wire transfers for most of their financial operations. While these methods are fast and convenient, they also have risks, especially in the form of wire fraud. Your employees are your company’s first line of...

Whatever your industry, you have to be on the lookout for fraud. The more money that’s passing through your business, the bigger the chances that someone may try to gain an unfair advantage over another or outright steal. Fraud can be either actual or constructive....

When you enter into a contract with someone, you expect them to abide by the terms they’ve agreed to. If they fail to do that and you or your business suffers harm as a result, you can sue them for breach of contract. You may also (or instead) be able to take legal...

Fraudulent conveyance refers to the illegal transfer of assets from one party to another with the intention of depriving creditors of their legitimate claims. A transfer of assets can be made in various forms, such as gifts, sales or other arrangements that may not...

When first launching your company, you believed that you could take the world on your own. Although your business was successful, it soon became apparent that you would need some support. You decided to take on a team of staff and a business partner.  You chose a...

Suppliers play an integral role in the operations of businesses as they provide the products and services needed to run. Thus, business owners strive to have positive relationships with them for smooth operations. However, a supplier may commit some unlawful acts to...