Battle on Fraud

Jean Chatzky's Blog: Ask Jean Tuesday: Free Yourself from Fraud

I was honored and humbled when I received an email out of the blue yesterday requesting assistance on a fraud related matter. I have received many requests from all sorts of sources over the years, many from individuals or organizations who have fallen victim to some type of fraud or financial crime.  Still more inquiries come from individuals suffering through …

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Still Writing Manual Checks? What pens do you use?

New schemes never cease to amaze me.  The resurgence of old schemes is even more interesting. The Pilot Frixion pen series are marketed as erasable gel pens. Other pen makers may offer similar pens. For certain applications, these pens are great.  Make a mistake while writing, simply rub away the error, and re-write it correctly. Accounting, finance and bookkeeping departments …

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Thinking about drinking… Consider the Chaser!

There was a marketing campaign in Connecticut aimed towards preventing drinking and driving.  It went along the lines of “Thinking about drinking and driving?  Consider the Chaser.”  The ad ended with images of police and police cars stopping a drunk driver. I thought the ad was a well-executed play on words.  “Consider the Chaser” related to a drink following a …

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Employee Dishonesty Insurance – Generally Doesn’t Cover Everyone

I have posted previously on the importance of every employer to ensure employee dishonesty, employee fidelity and/or employee crime coverage is included within your current policies.  Often this policy is the only means for recovery from an employee theft. Even if coverage is maintained, I am confident most insureds are unaware of two common limitations within the coverage should there …

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No Shortage of Embezzling

Tonight I did a simple Internet search through Google’s News, using the key word “embezzlement.” The results – three screens of articles just from today’s publications on recent embezzlement cases, with a wide range of perpetrators and amounts involved.  The largest – a Wisconsin case – a recently discovered $4.5 million scheme by the vice president of finance at Koss. …

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