| With rises in unemployment due to the recent | | | | not truly to be trusted, so if you see these |
| recession people have fallen on hard times; | | | | symptoms then you should start doing an internal |
| furthermore, this has led to an increase in crime. | | | | fraud investigation to pin point the person and |
| However, not only has theft and fraud hit our | | | | then report them over the authorities. There are |
| average day to day person, but it has also | | | | usually two methods of fraud within the |
| started to work its way onto businesses as well. | | | | administrative team, there is first the take now |
| With everyone in fear of their positions, a few | | | | pay back later technique, and the outright fiddling |
| people have seen this as an opportunity to take | | | | with the books in order to steal from the |
| advantage of those fears and of the economic | | | | company. Both will be explored in more detail |
| climate. | | | | below. |
| This is why using the correct fraud investigation | | | | The first of the two methods is when money |
| techniques is important. As you know, there are | | | | would be essentially 'borrowed' making the takings |
| already governmental bodies that do regulate | | | | lower than what has actually been produced: this |
| fraudulent activities both through the police | | | | money will then be returned a few days later. In |
| system, as well as specialist bodies. But this does | | | | order to spot this there is usually a pattern, for |
| not mean that you should not take action before | | | | example they are usually paid on the Friday but |
| the horse has bolted, so to speak, instead this is | | | | the money goes on a Wednesday and is returned |
| the perfect time to start to invest in your own | | | | on the Thursday. If you notice this start |
| businesses security, both from inside threats and | | | | overseeing the counting process and see if this |
| an outside threat. | | | | pattern changes. |
| As you would expect, there are many methods | | | | The second of the two is where cash payments |
| of securing your business so that you will never | | | | are not put through the books, meaning that you |
| need to have fraud investigations interfere with | | | | may not even know the money is missing. In |
| not only your business activities but also with your | | | | order to ensure that this is not happening you |
| employees and contractors. The most common | | | | should ensure that all cash is accounted for by |
| fraud investigation usually starts with the | | | | using regular cash lifts and by making sure that if |
| administrative team, this is not to say that you | | | | there are any changes on tills, that the time of |
| should not trust your administrative team, | | | | the change is noted so the offender can be |
| however there are a few methods that are | | | | found. |
| common practice among those admin that are | | | | |