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Is There a Thief in Your Company?

CFO Bookshelf

CHAPTER

The Number One Fraud Scheme in the World

If there was one thing that i had every single client due it would take away probably 85 % of all frauds. Every single month, i want you to get your bank statements andcan check images and credit card statements in paper. The number one fraud that people perpetrate is they write cheques to themselves. They use your deba card and credit card to make their own personal payments. And nobody's looking at them. These banks, these credit card statements. Everybody wants us to go to electronic but we don't have time as business owners to load every single check image or scroll through all those a transactions. In 15 minutes a month, i can go through my bank statement, credit

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