Money

Have you ever heard the question “if you could have dinner with any person, who would it be?” Often the popular answer is a successful person in order to gain tips on increasing wealth. Financial investors are used for the same reason and much more widely available, offering insight into investments and wealth management....

Amazon, the world’s largest online retailer, recently experienced the uncovering of nearly $10 million in falsely invoiced funds by a former manager, Ms. Kayricka Wortham and six additional individuals, some of whom were also Amazon employees. Ms. Wortham, along with her partner Brittany Hudson and multiple other Amazon employees developed a scheme to invoice Amazon...

At a Little League game, you usually think about bases being stolen, not cash. Unfortunately, the same volunteers selling hotdogs and cotton candy at the concession stand may also be taking advantage of their volunteer position and stealing. One woman recently pocketed more than $2,000.00 from the team’s concession stand.

Volunteer theft from concession stands...

Sunset Villas is a condominium complex with fifty units on the shores of Lake Michigan. Owners pay $550.00 a month in dues towards neighborhood and maintenance, including the upkeep of the pool and common areas. When the owners hired a property management company, they didn’t realize Sunset Villas was a tempting, lucrative target. Homeowners associations...

In Asia, there is a popular fidelity claim involving the person-in- the-middle scheme. These schemes have increased as more foreign companies enter the market in Asia due to the rapid economic growth and significant consumer market. Language differentials, lack of access to sales channels, requirements of joint ventures, ownership and control by citizens of the...

Business owners are becoming increasingly aware of numerous schemes they and their employees need to avoid. Cyber fraud lurks in many different forms, including, but not limited to:

• Auction Fraud
• Investment Fraud
• Counterfeit Cashier’s Check
• Lotteries
• Credit Card Fraud
• Nigerian Letter or “419”
• Debt Elimination
• Phishing/Spoofing
• Parcel Courier Email Scheme
• Ponzi/Pyramid
• Employment/Business Opportunities
• Reshipping
...

Running a business can be complicated and overwhelming. Owners face daily decisions. Human resources and staffing. Technology and marketing. Financial and legal. When grappling with such issues, many owners of small or middle sized companies opt to outsource their payroll processing and accounting. They turn to payroll and management companies and CPAs. Such companies offer...