Tag: fraud cases


Old Expense Report Fraud Scheme Has Worsened With Time

Old Expense Report Fraud Scheme Has Worsened With Time

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


Technology in Retail Stores: Who’s Responsible?

Technology in Retail Stores: Who’s Responsible?

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


Effective, Evidence-Based Retail Crime Prevention

Effective, Evidence-Based Retail Crime Prevention

Regardless of the protective progress retailers and solutions providers are making, thieves are still carrying off billions of dollars’ worth of goods annually. While merchandise loss costs retailers huge amounts of money, theft-driven product out-of-stocks, and sometimes locked-up goods, it also deters sales to good customers. Happy, buying customers are   Read More


How LP Pros Are Using Modern Loss Prevention Analytics

How LP Pros Are Using Modern Loss Prevention Analytics

Retailers have generally accepted the necessity for data and analytics in their organizations. Using loss prevention analytics the right way can boost profits and reduce losses. However, the constant deluge of information sometimes makes it difficult to identify which loss prevention analytics are important and actionable and which can be   Read More