Be Aware Of Fraud

Be fair, attentive, and customers
will return.

Advances in technology brings new
concerns about fraud.

Fraud is deceit, trickery, committed
for profit. Or, to get the upper
hand. Most times, it's a surprise
to see where it comes from.

"People underestimate how broad
the issue can be and what an
important issue it is," said Molly
Brogen of the National Small
Business Association."

"Fraud is hard to stop?" You said.

Fight fraud by keeping a close eye
on bank accounts. It is safer to
have more than one individual with
access to them. A checks and
balances system should be in place.
It is where you have a second, or
even, third person sign before any
funds leave the account.

An idea to curtail fraud is to have
the bank call you, directly, if any
unusual activity occurs on the
accounts(s).

Review the account(s) on a daily
basis.

To be on the other side of fraud,
those, in your organization, who
pay bills do not adjust books.

Accept credit cards? Your rule
in regard to them, a zip code
and pin are required.

Take precautions, and don't
allow yourself, your business,
to become a victim of fraud.