By Brad Moody In today’s rapidly evolving fraud landscape, complacency is a costly gamble. Those well-worn phrases—“That will never happen to me” or “We’ve always done it this way”—might feel comforting, but they’re the kind of cultural blind spots…
Today is day 4 of our Fraud Awareness Week series, Fraud Stories and Lessons Learned. Jenn Wolfgang, Account Manager for Lowers & Associates, shares the story of a monthly subscription e-commerce startup who had come to Lowers & Associates…
Today is day 3 of our Fraud Awareness Week series, Fraud Stories and Lessons Learned. Tom Dolan, Manager of Claims & Research for Lowers & Associates, shares his story of a $10M billing fraud scheme he and the L&A…
“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others and confused the heck out of the rest of us — including me.” – Senator Tom Carper, chair of the Senate Homeland Security…
According to the Association of Certified Fraud Examiners (ACFE), a single case of occupational fraud costs the victim organization an average of more than $1.5 million, and Certified Fraud Examiners (CFEs) estimate that organizations lose 5% of their revenues…