Tag: fraud cases
Fraud and cyber security have never been more on the forefront of asset protection professionals’ list of things that keep them up at night than they are today. With the introduction of the EMV chip, we were hoping to get a little bit more sleep at night. However, the EMV Read More
By John Wilson
Loss prevention is probably the most schizophrenic of all retail jobs. Its personalities are numerous and its masters are manifold. Loss prevention salary and job responsibilities vary. Even the titles are different. Some refer to themselves as loss prevention, others asset and profit protection, and still others as security managers. Read More
Listening to loss prevention leaders discuss their relationships with information technology (IT) departments and offer advice for strengthening them can seem a bit like eavesdropping on marriage counseling. There is admission of a “love-hate” dynamic, occasional hand-wringing over who gets final say, and counsel to “listen, don’t just talk” and Read More
Reviewing current and historical fraud data reveals an implausible finding. Despite the refinement of company fraud prevention programs and a corresponding sophistication in employee fraud schemes, the old bogus expense report is a bigger problem now than 16 years ago.
Semi-annual surveys conducted by the Association of Certified Fraud Examiners (ACFE) Read More
Last year’s BDO FraudTrack report shows that the total value of reported fraud in 2015 was £1.5 billion (~$1.9 billion), representing an increase of 110 percent from the previous year and the highest fraud statistics value recorded since 2011.
The report, which examines reported fraud cases over £50,000 (~$65,000) in the Read More
While incidents of identity fraud and other incidents involving organized retail crime continue to thrive and increase every year, we must also keep in perspective that this is an international problem; and our peers “across the pond” are just as involved in overcoming these issues. The following article appeared in Read More
Dollar General Employee Theft Ring
Man Spent $100K with Stolen Cards
California Bill Aims at Cargo Theft
Five Things You Need to Know about Ransomware
Pizza Hut Employee Arrested for Robbery Plot
Recent Promotions for LP Leaders