PRIVATE INVESTIGATION BLOG
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Most managers and business owners think that their company or organization is immune to fraud, and they can’t be more wrong! Read more to learn why.
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A lot of business owners tend to not have a clue about minimizing the possibility of fraud within their company or organization. That’s too bad, but we’re telling you that it’s time to make a change about that and it can be easy!
https://www.haywoodhunt.ca/new/wp-content/uploads/2015/06/fraud.jpg 275 830 admin https://www.haywoodhunt.ca/new/wp-content/uploads/2019/06/HH-Logo3.png admin2015-06-17 13:30:272015-06-17 13:30:279 Red Flags of Fraud in Small Business
If you own a small business, these quick tips might help you weed out any instances of fraud.
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We all know the negative consequences of making the wrong hire – it can lower your organizations overall morale, hinder productivity, and even impact customer relations. But did you know that the cost of replacing an experienced worker who doesn’t work out can cost 50 percent or more of that individual’s salary, and these costs go up if the employee has specialized skills.
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Why indeed? And what’s white-collar crime? Do you know that white collar crimes affects more people on a daily basis than all the thefts, murders, and other ‘violent’ crimes put together in our present society?
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Any investigator worth his salt these days knows that harnessing the power of the social web is a must. With so much information being shared by people via their social media accounts, the amount of data you can harness just by knowing what tools to use is impossible to ignore – and you shouldn’t be oblivious to it!
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We’ve been focusing on tips about detecting and preventing fraud lately but let’s face it, none of those will work if you are not doing anything about what makes you vulnerable to fraud.