For business owners, occupational fraud can be one of the most dangerous threats to a company’s success. According to the Association of Certified Fraud Examiners, the median loss in a business fraud case is about $130,000, and this number is even higher for small businesses. However, don’t let the statistics scare you. Using the following preventive and detective internal controls, any business owner can take action to keep fraud at bay.
Summer is a time to relax, spend time by the pool and forget reality for a bit. Forget your stress, forget making school lunches for the kids, forget the cold. However, there is one thing you should not forget. Criminals and scammers don’t take summers off, so don’t let your guard down in the midst of summer; keep an eye out for IRS phone scams.
In March 2015 the IRS joined state tax governments across the country and members of the tax industry to create the Security Summit. The Summit was organized to fight identity theft and make everyone aware of the theft risk guiding them to take steps to protect their tax data and identities. They have prepared safeguards for the 2018 tax filing season.
“The IRS has issued an arrest warrant against you. Right now you and your physical property both are being monitored. It is very important we hear from you before we proceed in any legal manner. Please call 610-904-1168.”