5 steps to reduce small business fraud from the ACFE

Many small- to medium-sized businesses do not have the budget or the resources to employ a robust anti-fraud team so here are 5 simple non-expensive steps from the Certified Fraud Examiners to reduce small business fraud (click on link).

The 5 steps

Recognizing human trafficking red flags can save lives!

http://www.fraud-magazine.com/article.aspx?id=4294986416

Visa fraud suspects fled after wiring $1m overseas

A corrupt Immigration Department official and her husband helped run a $3 million criminal migration racket involving more than 1000 fraudulent visa applications.

Read more at : http://www.smh.com.au/federal-politics/political-news/visa-fraud-suspects-fled-after-wiring-1m-overseas-20140807-3dbmu.html

Deter the Inside Job. 5 Ways to Avert Employee Theft and Fraud.

Read more at: http://www.entrepreneur.com/article/235737

Scams, fraud increased in Australia during 2013

ACCC says dating/romance scams most expensive for victims while card fraud reached $290.9 million reports Australian Payments Clearing Association

http://www.computerworld.com.au/article/547858/scams_fraud_increased_australia_during_2013/

Hotlines, Not Audits, Catch Crooked Employees

Read more at:

http://ww2.cfo.com/fraud/2014/06/hotlines-audits-catch-crooked-employees/

Mary Berners-Lee: An Unlikely Fraud Victim

As crime victims go, a 90-year-old pensioner might appear typical. But Mary Berners-Lee is a highly regarded mathematician who helped create the world's first commercial computer, the Ferranti Mark I. She is also the mother of Tim Berners-Lee, the man who invented the world wide web. Yet even she was outsmarted by the courier scammers. Watch the video

http://www.bbc.com/news/business-27688173