Tag: fraud

5 fraud tips every business leader should act on

Organizations worldwide lose an estimated 5 percent of their annual revenues to fraud, according to the Association of Certified Fraud Examiners (ACFE) 2016 Report to the Nations on Occupational Fraud and Abuse. A single instance of fraud can be devastating:...

Red flags of employee fraud

For business owners, dealing with an employee who commits fraud is a traumatic experience. Were there signs you missed? Could you have prevented it? While there is no way to stop these types of crimes, you can educate yourself on...

CPAs see increase in financial fraud against elderly

This article originally appeared in Accounting Today. At ShindelRock, we are aware of these types of issues and can help if you find yourself in this situation. Financial fraud perpetrated against the elderly is on the rise, according to a...

SCAM ALERT: Fake Michigan form asks businesses for $150 fee

The Department of Licensing and Regulatory Affairs (LARA) is warning of a fake government form being mailed out to businesses that asks for a $150 fee. Some Michigan businesses have reported receiving an official-looking form entitled the “2015 Annual Minutes...

FRAUD & ABUSE: 2014 Report to the Nations

The Association of Certified Fraud Examiners issued their 2014 Report to the Nations.  An interesting fact:  5% of gross revenue is lost to fraud.  Find out more about fraud and abuse and make sure your organization isn't at risk by...

IRS reports increase in criminal investigations surrounding refund fraud

Tax Day has just passed, meaning millions of last-minute filers are waiting anxiously for their tax refund.  For some, that check won't be in the mail, thanks to identity theft and refund fraudsters who steal refunds and tax IDs.  The...

Five ways you can protect against employee fraud

Organizations lose an estimated 5 percent of their annual revenues to fraud, and the Association of Certified Fraud Examiners is offering some basic tips to help any organization prevent and detect fraud: 1. Be proactive. Establish and maintain internal controls...

SCAM ALERT: IRS warns of “largest ever” Phone Fraud Scam

  • March 21, 2014
  • Maria Montie, CPA, MST, CVA, MAFF

Be aware!  Thousands of Americans nationwide have been targeted since August by a phone scam in which fraudsters claim to be from the U.S. Internal Revenue Service and demand money for unpaid taxes, said the IRS' watchdog on Thursday. The...