You’ve just discovered that a trusted employee has been stealing from your organization. Your first instinct might be to call the police. But is that actually required ,and is it even your best move? The short answer: no, you are generally not legally required to involve law enforcement before you fire someone for embezzlement. But […]

Fraud doesn’t announce itself. It hides in spreadsheets, slips between signatures, and often lives inside your organization for months before anyone notices. According to the Association of Certified Fraud Examiners (ACFE), the median fraud scheme in 2024 ran undetected for 12 months, costing organizations an average of $9,900 every single month it went unresolved. By […]

Every major fraud scandal has a moment of origin ,and more often than not, it starts with a phone call, an email, or an online submission from someone who didn’t give their name. Anonymous tips are among the most powerful yet misunderstood tools in the fraud-detection arsenal. For business leaders, compliance officers, and risk managers, […]

You’ve noticed the numbers don’t add up. Inventory is consistently short. A trusted employee suddenly has a lifestyle that doesn’t match their salary. Your gut tells you something is wrong but your next move could make or break your case, your company, and potentially your legal standing. Here’s what most business owners get wrong: they […]

The average organization loses 5% of its annual revenue to fraud. That’s not a worst-case scenario ,it’s the baseline estimate from the Association of Certified Fraud Examiners (ACFE), drawn from 1,921 real fraud cases across 138 countries. What makes that number so alarming is that the median fraud scheme runs for 12 full months before […]

Fraud is no longer a minor operational risk, it’s a strategic threat. In 2024 alone, reported fraud and scam losses exceeded $12.5 billion, with over 2.6 million reports filed, highlighting the scale of deception facing businesses and consumers.   Meanwhile, the FBI’s Internet Crime Complaint Center documented losses of more than $16 billion from internet crime […]

Insurance fraud isn’t just a civil matter, it’s a serious criminal offense that can land perpetrators behind bars for decades. With insurance fraud costing the U.S. economy an estimated $308.6 billion annually in 2025, law enforcement agencies and prosecutors are cracking down harder than ever. The question isn’t whether you can go to jail for […]

When financial irregularities surface at your organization, the decision to launch a fraud investigation versus conducting an internal audit can determine whether you contain the problem or watch it spiral out of control. With organizations losing an estimated 5% of annual revenue to fraud totaling over $5 trillion globally understanding these two critical functions isn’t […]

Every year, businesses lose an estimated 5% of their revenue to fraud. When suspicious activity strikes your organization, understanding what you’ll pay for a professional investigation can mean the difference between swift action and costly delays. Whether you’re a small business owner facing potential embezzlement or a corporate executive dealing with complex financial misconduct, knowing […]

In early 2024, a finance worker at multinational engineering firm Arup attended what appeared to be a routine video conference with the company’s CFO and several colleagues. The discussion seemed normal, the faces familiar, the voices convincing. Following instructions from senior management, the employee authorized a wire transfer of $25 million. Only later did investigators […]