Tag: fraud prevention


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


How Much Do You Know about Credit Card Fraud?

How Much Do You Know about Credit Card Fraud?

Credit card fraud is defined by Wikipedia as “a wide-ranging term for theft and fraud committed using or involving a payment card, such as a credit card or debit card as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to   Read More


E-commerce Credit Card Fraud: The Growing Challenge

E-commerce Credit Card Fraud: The Growing Challenge

Just as the word “e-commerce” has come to refer to a menagerie of different specialized markets, so e-commerce credit card fraud comes in many different guises. As the great pace of retail evolution dictates that retailers’ transaction processes are constantly changing, so the frauds change with them.

In a bid to   Read More


Credit Card Fraud News and Updates

Credit Card Fraud News and Updates

Many articles in the LPM Insider talk about EMV chip technology in credit cards and how this technology fights credit card fraud. While it’s true that the chips make it much more difficult for fraudsters to create counterfeit credit cards, has the technology caused a major decline in credit card   Read More


People on the Move: April 2017

People on the Move: April 2017

Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals it may mean reaching a top leadership position at a particular company, perhaps serving as a director or vice president of loss prevention/asset protection. For others, it may involve gaining   Read More