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Fighting Fraud Blog

October 14, 2018
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Sign Up for Fraud Awareness Workshops Near You

Nonprofits and small business owners often do not believe they are at risk of fraud, but anyone can become a victim. Every year, over $3.7 billion is lost due to fraudulent activities. Verity Financial Fraud […]
September 28, 2018

Nonprofit Youth Organizations at Risk Too

Former president of a Marana youth football team indicted for embezzlement. $54,000 loss to internal theft. Here’s another case of a youth organization losing money to dishonesty within the organization. How can your youth group […]
September 25, 2018

University Food Service Contractor Victim of Fraud

Sodexo food service contractor at the University of Wisconsin-Oshkosh loses $308,709 to fraud. An employee at Sodexo was able to convince a bank teller to cash checks despite the checks being endorsed as “for deposit […]
September 24, 2018

Healthcare Providers at Risk for Fraud Too

Medical practice bookkeeper accused of embezzling $1 million Yes, even small health care practices are at risk of losing money to fraudulent activity. Fraud goes beyond Medicare, Medicaid and insurance fraud. The problem arises in […]
August 30, 2018

Security equipment company fails to secure their own financial assets.

Women and husband cause Wisconsin firm to file Chapter 7 bankruptcy. What can be learned from this most recent case right here in Wisconsin? Make sure that related parties are not in control of company […]
August 29, 2018

Attention small business owners and non-profit executives…

Fraud can occur within your organization. Actually, according to the Association of Certified Fraud Examiners, small businesses (with less than 100 employees) lose twice as much per scheme than their larger counterparts due to the […]
August 17, 2018

Failure to have a fraud prevention program in place costs school district more than $500,000.

This most recent fraud case did not come to light until after almost 15 years of money going missing from the school’s cafeteria funds. Most likely the total revenue stolen over this period approached $1.5 […]
August 17, 2018

Commentary/analysis on the Green Bay Northland Hotel suspicious activity reported.

So, what went wrong? It doesn’t matter if all the money did make it into the project when funds are requested for specific purposes and not used for those projects fraud has likely occurred. Co-mingling […]
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