This Week's Topic: "Fraud: Are You Being Bamboozled?"
According to Eide Bailly, LLP, small businesses are most at risk for fraud and the median loss is $190,000.00! Fraud occurs in every company - it's just a matter of degree and effect.
What can you do to protect yourself? Tonight is our business version of "CSI: Phoenix." We will investigate the myths of fraud, criminal profile, the warning signs, and offer practical suggestions to protect your business. Our guest is Kathleen Barney, Senior Forensic Accountant, Eide Bailly, LLP
"How I Did It" with Guest Entrepreneur
Tonight's guest is David Brown, President, Disaster Restorations in Albany, Oregon. In August, 2005, one of David's employees advised him that another trusted employee of 7 years was stealing from the company. Turns out, the theft is estimated to be about $250,000.00 and David is still dealing with the legal issues today! What did David have to go through and what can we learn from his experience?
Topics: Fraud, Hiring processes, Leadership and Management.
Copyright Pivot Productions 2006-2007. All Rights Reserved. Created and Maintained by Vision and Melody Entertainment.