What's in the News

One way to keep fraud prevention in the minds of employees is to bring in current event articles that highlight fraud schemes and how the fraud was detected and also if the perpetrators were sent to jail. A big deterrent in combating fraud is knowing that fraudsters will be sent to jail fined or both. Also the employees have to know that there will be no repercussions if they expose or turn someone in for committing fraud. The Fin Reg laws that were recently passed by Congress and signed by the President contain a provision that will give the whistle blower anywhere from 10% to 30% of the confirmed fraud.