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June – National Home Ownership Month
Owning a home can be a big milestone in someone’s life. Unfortunately, in the current real estate market, it can be difficult to snag your dream home (or any home at all). The last thing you need after finding your home is to fall victim to a scam or fraud. According to the Federal Trade...
Celebrate in May: International Internal Audit Awareness Month
Amidst the warming weather of spring, May presents a great time to observe International Internal Audit Awareness Month. The Institute of Internal Auditors created this awareness month in the 1990s to promote the profession as a whole and the value it brings organizations. [1]
What is Internal Audit?
According to the Institute of Internal...
World Laughter Day – First Sunday in May
Laughter can bring people joy. Some doctors say it boosts the immune system and triggers the release of endorphins making laughter “the best medicine”. So, in celebration of World Laughter Day, let’s have a laugh at a few thieves and their bizarre stories.
United Kingdom – A 21-year-old male was caught by surveillance cameras breaking...
You Don’t Have To Get Yourself In Hot Water To Avoid Shrinkage
Shrinkage: Inventory due to circumstances such as damage, shoplifting, vendor fraud, employee theft, and administrative error. It is when you have less inventory physically present than what is recorded as presented including what has been ordered and received.
What are some simple steps that can help you mitigate risk?
- Use numerically sequenced forms or...
May 25th – National Wine Day
Enjoying a glass of wine with dinner becomes a must on National Wine Day. Typically, you would purchase a glass or bottle from your favorite local restaurant or bar, but thieves sometimes have other plans entirely. A heist.
In Manhattan, a personal assistant was arrested for stealing hundreds of bottles of rare wine, totaling approximately...
Get Your Sweetheart A Burger. Don’t “Sweetheart” Your Way Into Jail
Said to have been invented in Germany, hamburgers quickly became an international hit. According to the Centers for Disease Control and Prevention, 36.6% of adults consume fast food on any given day.
In the spirit of International Hamburger Day, May 28th, how about you get your sweetheart a burger and fries? Maybe even upgrade to...
BIRD THEFT – COVERED LOSS?
Bird Day is celebrated on January 5th in the USA and Canada. World Migratory Bird Day is celebrated on the Second Saturday in May (May 14, 2022) and the second Saturday in October (October 9, 2022). These celebrations hope to alert people to the dangers these remarkable creatures face in our modern world (air and...
May 6th – International No Diet Day
International No Diet Day… everyone’s favorite day of the year! Well maybe not everyone’s. It is the day we set aside our diet for the day and order whatever we want… Surely nothing could go wrong on a great day like this right?!
In the past the only options for food delivery were pizza and...
Extreme Couponing Turns to Extreme Fraud
Couponing… great for consumers and great for retailers, right? You save money, they gain loyal customers, what could go wrong? Extreme couponing made a debut on TLC in 2010 where it depicts individuals that go above and beyond to find deals and save money. They dedicate time and effort into finding the best coupons and...
May 1st – International Harry Potter Day
Fraud happens everywhere, but did we expect it to happen in the well-loved wizarding world? In the book series Gilderoy Lockhart, the Defense Against the Dark Arts teacher in Hogwarts School of Witchcraft and Wizardry during Harry Potter and the Chamber of Secrets, book two of the Harry Potter series by J.K. Rowling, became especially...


