Believe it or not, ID theft is one of the most common fraudulent activities in the world today. In the year 2015, 13 million Americans lost a whopping USD 15 billion to fraudsters through the means of ID theft. Even though these losses were not targeted at financial services companies, the figures will get worse
If you’re worried someone could steal your personal identity and buy something on credit or get a loan in your name, “freezing” your account at credit reporting bureaus could stop identity thieves cold. Not only that, Congress recently passed a law that ordered credit reporting bureaus to offer free credit freezes. More on that below.
If you weren’t able to attend our 2018 Business Breakfast Series session on fraud prevention, read below for some tips to avoiding fraudulent situations. Whether you’re a small business owner or part of a larger corporation, fraud is a serious concern to be aware of and to assess and minimize in the workplace. While we can’t
HOLLYWOOD, CA – APRIL 24: Demi Moore arrives at the Target presents AFI Night at the movies held at ArcLight Hollywood on April 24, 2013 in Hollywood, California. (Photo by Michael Tran/FilmMagic) The recent film Ocean’s 8 is the story of a group of thieves that steal a priceless necklace from a famous movie actress,
Running a business is hard enough when everything goes smoothly. But when you’re an entrepreneur, the unexpected happens. You need to prepare yourself for every possible situation, including fraud. Business fraud isn’t as rare as you might think. It’s important that you know how to prevent and deal with fraud if it comes your way.
An apple a day keeps the scammer away! A new scheme has been on the loose, so don’t fall for it. Cybercriminals are posing as IRS agents confusing unsuspecting people and threatening that they have unpaid taxes. These criminals tell victims that they face late penalties and will be persecuted unless they comply. What makes