Fraud

Mail fraud scams are those that may use the mail to seek money or other benefits from customers or other individuals. With a mail fraud scam, for example, you might offer an opportunity to purchase an item and then never fulfill it. There are many different types of...

No employer wants to think that one or some of their employees are dishonest. Unfortunately, the truth is employee or workplace-related fraud is on the rise. Most employers only take measures to boost controls after discovering fraud. Fortunately, you can reduce...

As a business owner, it is your responsibility to avoid making mistakes on your taxes. You are responsible for filing on time and paying the appropriate amount of tax to the federal government, state or local government. Tax fraud can get you into deep trouble with...

Every year, businesses across the country lose billions of shillings to fraudsters. In a worrying trend, criminals are adapting to the changing times, and it’s safe to say that even the most technologically advanced security measures your business may have taken to...

When you enter into a contract and uphold your end of a bargain, you expect to get what you’re due in return. However, some people are masters at stretching the truth beyond all recognition. A misrepresentation is any kind of false statement of fact that one party...

When businesses file for bankruptcy, there are certain requirements they’re supposed to meet. One of these is that they need accurately report their assets to the court. This is the only way that a decision about the petition can be made. And, the information is used...

Wire fraud can be detrimental to your business, and the financial ramifications might carry on for years. No doubt due to the sensitive nature of the issue and the way that it could affect consumer trust in a company, a report released in 2020 revealed that only about...

If you are new to the world of business, nefarious individuals or groups may see you as an easy target upon which to perpetrate wire fraud. On the other hand, even companies that have thrived for years in the Houston region are not safe from various kinds of fraud....

Online fraud has risen during the past year. With more businesses than ever forced online, fraudsters have taken full advantage. Juniper Research estimates online fraud reached $17.5 billion last year, and they forecast it will rise to $21 billion this year. Trading...

Wire transfers provide businesses with a fast, efficient and cost-effective way to receive or send funds. Although most companies are happy to use wire transfers, fraud is a widespread hazard that can threaten your business’s bottom line. What is wire fraud? It is a...