In Civil Law, negligence refers to any failure to exercise reasonable care in one’s actions, resulting in injury or damage to another person or party. Negligence, the most common form of civil lawsuit, falls under the category of unintentional behavior, as opposed to intentional acts of harm.
A review of common fraud areas that occur in closely held businesses, how to prevent them and what your legal remedies are if you are a victim of fraud.
Fraud management in ten minutes presentationWarren Park
This document provides guidance on countering fraud by understanding the fraud triangle of motive, opportunity, and rationalization. It discusses relevant UK laws, common fraud terms, and strategies for reducing fraud risk such as implementing controls, promoting the right culture and attitudes, and addressing employee motives and pressures through open communication and support. The overall approach is to disrupt the conditions within the fraud triangle.
It is all about social and professional issues in computing.In today's era its really important to understand how a fraud happens.The presentations also helps to differentiate between fraud and embezzlement.Categories of frauds are also available in this section.
Fraud Risk Management | Fraud Risk Assessment - EY IndiaErnst & Young
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
Criminal Traffic Violation Florida: DUI Lawyer in Orlando, DUI Attorney Orlando thomasturner123
Criminal petty offenses in Florida are handled in criminal court and can negatively impact one's driving record and criminal history. DUI, driving with a suspended license, and reckless driving often result in an immediate arrest by the officer. In addition to fines and license restrictions, a criminal charge carries additional penalties that can be very costly. The accused must appear in court on their court date regardless of their plea. Hiring an experienced Orlando criminal defense attorney is important for criminal petty offenses since the cost of legal representation will likely be less than penalties if convicted without counsel.
Criminal Traffic Violation Florida: DUI Lawyer in Orlando, DUI Attorney Orlando tristansmart
Criminal traffic violations in Florida such as DUI can be handled in criminal court and result in fines, license suspension, and increased insurance rates. If charged with a violation, one must appear in court on their court date to enter a plea. Failing to appear will likely result in an arrest warrant. Contesting the charge would lead to a trial unless a plea deal is made. A criminal traffic violation hurts both one's driving record and criminal record. It is important to understand that the violation may not actually be the driver's fault, as officers do not always have sufficient evidence beyond their own observations. Hiring an experienced Orlando criminal defense attorney is advisable, as the costs of proper legal representation will likely be less than paying
In Civil Law, negligence refers to any failure to exercise reasonable care in one’s actions, resulting in injury or damage to another person or party. Negligence, the most common form of civil lawsuit, falls under the category of unintentional behavior, as opposed to intentional acts of harm.
A review of common fraud areas that occur in closely held businesses, how to prevent them and what your legal remedies are if you are a victim of fraud.
Fraud management in ten minutes presentationWarren Park
This document provides guidance on countering fraud by understanding the fraud triangle of motive, opportunity, and rationalization. It discusses relevant UK laws, common fraud terms, and strategies for reducing fraud risk such as implementing controls, promoting the right culture and attitudes, and addressing employee motives and pressures through open communication and support. The overall approach is to disrupt the conditions within the fraud triangle.
It is all about social and professional issues in computing.In today's era its really important to understand how a fraud happens.The presentations also helps to differentiate between fraud and embezzlement.Categories of frauds are also available in this section.
Fraud Risk Management | Fraud Risk Assessment - EY IndiaErnst & Young
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
Criminal Traffic Violation Florida: DUI Lawyer in Orlando, DUI Attorney Orlando thomasturner123
Criminal petty offenses in Florida are handled in criminal court and can negatively impact one's driving record and criminal history. DUI, driving with a suspended license, and reckless driving often result in an immediate arrest by the officer. In addition to fines and license restrictions, a criminal charge carries additional penalties that can be very costly. The accused must appear in court on their court date regardless of their plea. Hiring an experienced Orlando criminal defense attorney is important for criminal petty offenses since the cost of legal representation will likely be less than penalties if convicted without counsel.
Criminal Traffic Violation Florida: DUI Lawyer in Orlando, DUI Attorney Orlando tristansmart
Criminal traffic violations in Florida such as DUI can be handled in criminal court and result in fines, license suspension, and increased insurance rates. If charged with a violation, one must appear in court on their court date to enter a plea. Failing to appear will likely result in an arrest warrant. Contesting the charge would lead to a trial unless a plea deal is made. A criminal traffic violation hurts both one's driving record and criminal record. It is important to understand that the violation may not actually be the driver's fault, as officers do not always have sufficient evidence beyond their own observations. Hiring an experienced Orlando criminal defense attorney is advisable, as the costs of proper legal representation will likely be less than paying
This document provides education for bank tellers on check fraud, scams, and schemes. It defines key terms like counterfeit checks and altered checks. It also describes common fraud tactics like lottery scams, mystery shopper scams, and check kitting. The document aims to help tellers identify fraudulent checks and questions to ask customers about suspect transactions to prevent fraud. It also provides resources for customers to learn about fraud.
This presentation explains how you can prevent and deter fraud in your nonprofit organization, why some employees commit fraud and how to spot behavioral "red flags," what to do if you discover fraud in your organization, and common fraud schemes to watch for.
This document discusses different types of employee and management fraud and internal controls to prevent fraud. It defines employee fraud as theft of company assets by non-management employees who bypass internal controls. Management fraud is more dangerous as it often involves falsifying financial statements and can damage a company before being detected. The document also outlines guidelines for strong internal controls, including clear responsibilities, routine procedures, separating duties, and numbered documents. It describes the relationship between accounting systems and internal controls, with each relying on the other to ensure reliable accounting data and compliance.
The document discusses fraud, specifically a $54 million fraud committed by Rita Crundwell, the former comptroller of Dixon, Illinois. It outlines the fraud triangle of pressure, opportunity, and rationalization that often allows fraud to occur. Crundwell opened an unauthorized bank account and deposited fake invoices into it for over 20 years, using the money to fund an lavish lifestyle of homes, horses, cars, and jewelry. While management is primarily responsible for fraud prevention, auditors obtain reasonable but not absolute assurance about whether financial statements are free of material misstatement due to fraud or error.
The document discusses expanding the fraud triangle, which identifies three factors that contribute to fraud - incentive, opportunity, and rationalization - to include a fourth factor of capability. It argues that large, multibillion-dollar frauds would not have occurred without the right person possessing the right capabilities to recognize and exploit opportunities. The fraud diamond framework identifies four factors - incentive, opportunity, rationalization, and capability - that together contribute to fraudulent behavior.
Financial scams are caused by corruption, lack of employment opportunities, electing dishonest leaders, and lack of oversight to prevent bribery. They negatively impact the Indian economy by potentially putting employees out of work, raising inflation, and causing shareholders to overpay for investments. To minimize scams, people should seek honest professionals, raise awareness, elect ethical leaders, and create independent oversight organizations.
If you would like to have a training session at your business to educate your employees how to identify & prevent occupational fraud please contact me at ann@yeagerboyd.com
Fraud: Understanding Fraud and Our ResponsibilitiesJason Lundell
This document discusses various types of fraud, famous fraudsters, how fraud is detected, and ways to prevent fraud. It provides details on common fraud schemes like asset misappropriation, corruption, and financial statement fraud. The largest fraudsters discussed are Bernie Madoff, whose Ponzi scheme resulted in $65 billion in losses, and Ken Lay of Enron, which led to a $100 billion loss for investors. Fraud is most often detected through tips, internal controls, and audits. Strong internal controls like surprise audits and job rotation were found to significantly reduce median fraud losses.
Presentation Fraud Prevention and Financial ControlsSarai Johnson
This document discusses fraud prevention and financial controls for nonprofits. It outlines common types of fraud like skimming, purchasing fraud, and financial reporting fraud. It also identifies issues that make nonprofits susceptible to fraud, such as informality, lack of awareness, and unwillingness to discuss risks. The document then explains the five components of internal controls according to COSO: control environment, risk assessment, control activities, information/communication, and monitoring. It provides examples of control policies and procedures within each component. Finally, it discusses the role of an assessor in evaluating a nonprofit's awareness of fraud risks and internal controls. The assessor should ask about audits, policies, procedures, and symptoms to assess fraud potential.
This document provides information and tips for preventing theft in a PTA organization. It begins by defining theft, fraud, and embezzlement. It then discusses signs that theft may be occurring, such as delayed reports or lifestyle changes in individuals handling money. The document presents the "fraud triangle" concept and explains why theft occurs due to opportunity, motivation, and rationalization. It provides 10 tips for fraud prevention, such as conducting annual audits. Finally, it discusses what to do if theft is suspected, including gathering documentation and contacting authorities and insurers. The overall message is that theft can damage a PTA's reputation and programs.
This document provides information and tips for preventing theft in a PTA organization. It begins by defining theft, fraud, and embezzlement. It then discusses signs that theft may be occurring, such as delayed reports or lifestyle changes in individuals handling money. The document presents the "Fraud Triangle" concept and explains that opportunity, motivation, and rationalization can lead to fraudulent behavior. It provides 10 tips for preventing theft, such as conducting annual audits. Finally, it discusses what to do if theft is suspected, including gathering documentation without accusation and potentially contacting authorities or insurers. The overall message is that theft can damage a PTA's reputation and programs.
This document discusses concepts related to donor motivation and fundraising strategies. It introduces the donor pyramid, gift funnel, champion strategy, and two rails approach. The key information provided is an overview of frameworks for understanding donor levels and moving donors to increased engagement and giving over time through strategic fundraising approaches.
The document defines fraud and discusses its different types. It describes fraud as theft by deception or trickery to obtain an unjust advantage. The main types are occupational fraud committed by employees against an organization, and fraud committed for an organization like financial statement fraud. Employee embezzlement, vendor fraud, and customer fraud are provided as examples of fraud against an organization. Management fraud committed through misleading financial statements can harm shareholders and investors. Criminal prosecution through law and civil lawsuits aim to punish fraudsters and compensate victims.
The party responsible for a contactless chip transaction not occurring will be financially liable for any resulting counterfeit fraud losses, excluding automated fuel dispensers. If at least 95% of MasterCard transactions originate from EMV-compliant POS terminals, the merchant is relieved of 100% of account data compromise penalties. American Express and Discover will institute fraud liability shift policies that transfer liability away from parties with more secure EMV technology or those leveraging higher payments security.
The presentation covered payment fraud trends and strategies for combating fraud. It discussed how fraud is increasing with the economic downturn and criminals are targeting various payment methods like checks, cards, and electronic payments. The speaker outlined a fraud management framework of prevention, detection, investigation, containment/recovery, and analysis. Statistics showed most organizations experienced fraud attempts in 2008. Common fraud types involved checks, cards, and electronic methods. The presentation provided strategies for organizations to strengthen internal controls and leverage tools from financial institutions to reduce fraud risks and losses across different payment types.
Jill Evans, a former mortgage brokerage owner, provides tips on recovering from identity theft, including contacting financial institutions to change account numbers but not shut them down unless necessary, gathering documentation to prove identity theft and filing an FTC complaint, notifying relevant authorities like local police and federal agencies, and directly contesting any fraudulent charges with creditors instead of paying bills you did not incur.
This document outlines 6 main indicators of fraud: accounting anomalies, internal control symptoms, analytical symptoms, lifestyle symptoms, behavioural symptoms, and tips/complaints. It provides examples for each indicator and explains that combining information from all categories enhances fraud detection capabilities. Vigilance is needed as fraud symptoms often go unnoticed or unpursued.
Fraud can take many forms but generally involves deception for financial or personal gain. There are three main types of fraud: corruption, asset misappropriation, and financial statement fraud. Fraud is most often committed due to pressure, opportunity, and the ability to rationalize one's actions. Companies can help prevent fraud by breaking this fraud triangle through strong internal controls, monitoring, and creating a culture of integrity and accountability.
Weekly Sedona Verde Valley Foreclosure Short Sale Transaction ReportDamian Bruno
This document provides listings for 4 residential properties. The first is a manufactured home in Cottonwood with 2 bedrooms and 1.75 bathrooms listed at $44,000. The second is a 2 bedroom, 1.75 bathroom home in Clarkdale listed at $85,000. The third property has 4 bedrooms, 3 bathrooms in Clarkdale listed at $149,900. The fourth is a 3 bedroom, 2 bathroom home in Clarkdale for $155,000. Each listing includes details on features, size and location.
This document provides education for bank tellers on check fraud, scams, and schemes. It defines key terms like counterfeit checks and altered checks. It also describes common fraud tactics like lottery scams, mystery shopper scams, and check kitting. The document aims to help tellers identify fraudulent checks and questions to ask customers about suspect transactions to prevent fraud. It also provides resources for customers to learn about fraud.
This presentation explains how you can prevent and deter fraud in your nonprofit organization, why some employees commit fraud and how to spot behavioral "red flags," what to do if you discover fraud in your organization, and common fraud schemes to watch for.
This document discusses different types of employee and management fraud and internal controls to prevent fraud. It defines employee fraud as theft of company assets by non-management employees who bypass internal controls. Management fraud is more dangerous as it often involves falsifying financial statements and can damage a company before being detected. The document also outlines guidelines for strong internal controls, including clear responsibilities, routine procedures, separating duties, and numbered documents. It describes the relationship between accounting systems and internal controls, with each relying on the other to ensure reliable accounting data and compliance.
The document discusses fraud, specifically a $54 million fraud committed by Rita Crundwell, the former comptroller of Dixon, Illinois. It outlines the fraud triangle of pressure, opportunity, and rationalization that often allows fraud to occur. Crundwell opened an unauthorized bank account and deposited fake invoices into it for over 20 years, using the money to fund an lavish lifestyle of homes, horses, cars, and jewelry. While management is primarily responsible for fraud prevention, auditors obtain reasonable but not absolute assurance about whether financial statements are free of material misstatement due to fraud or error.
The document discusses expanding the fraud triangle, which identifies three factors that contribute to fraud - incentive, opportunity, and rationalization - to include a fourth factor of capability. It argues that large, multibillion-dollar frauds would not have occurred without the right person possessing the right capabilities to recognize and exploit opportunities. The fraud diamond framework identifies four factors - incentive, opportunity, rationalization, and capability - that together contribute to fraudulent behavior.
Financial scams are caused by corruption, lack of employment opportunities, electing dishonest leaders, and lack of oversight to prevent bribery. They negatively impact the Indian economy by potentially putting employees out of work, raising inflation, and causing shareholders to overpay for investments. To minimize scams, people should seek honest professionals, raise awareness, elect ethical leaders, and create independent oversight organizations.
If you would like to have a training session at your business to educate your employees how to identify & prevent occupational fraud please contact me at ann@yeagerboyd.com
Fraud: Understanding Fraud and Our ResponsibilitiesJason Lundell
This document discusses various types of fraud, famous fraudsters, how fraud is detected, and ways to prevent fraud. It provides details on common fraud schemes like asset misappropriation, corruption, and financial statement fraud. The largest fraudsters discussed are Bernie Madoff, whose Ponzi scheme resulted in $65 billion in losses, and Ken Lay of Enron, which led to a $100 billion loss for investors. Fraud is most often detected through tips, internal controls, and audits. Strong internal controls like surprise audits and job rotation were found to significantly reduce median fraud losses.
Presentation Fraud Prevention and Financial ControlsSarai Johnson
This document discusses fraud prevention and financial controls for nonprofits. It outlines common types of fraud like skimming, purchasing fraud, and financial reporting fraud. It also identifies issues that make nonprofits susceptible to fraud, such as informality, lack of awareness, and unwillingness to discuss risks. The document then explains the five components of internal controls according to COSO: control environment, risk assessment, control activities, information/communication, and monitoring. It provides examples of control policies and procedures within each component. Finally, it discusses the role of an assessor in evaluating a nonprofit's awareness of fraud risks and internal controls. The assessor should ask about audits, policies, procedures, and symptoms to assess fraud potential.
This document provides information and tips for preventing theft in a PTA organization. It begins by defining theft, fraud, and embezzlement. It then discusses signs that theft may be occurring, such as delayed reports or lifestyle changes in individuals handling money. The document presents the "fraud triangle" concept and explains why theft occurs due to opportunity, motivation, and rationalization. It provides 10 tips for fraud prevention, such as conducting annual audits. Finally, it discusses what to do if theft is suspected, including gathering documentation and contacting authorities and insurers. The overall message is that theft can damage a PTA's reputation and programs.
This document provides information and tips for preventing theft in a PTA organization. It begins by defining theft, fraud, and embezzlement. It then discusses signs that theft may be occurring, such as delayed reports or lifestyle changes in individuals handling money. The document presents the "Fraud Triangle" concept and explains that opportunity, motivation, and rationalization can lead to fraudulent behavior. It provides 10 tips for preventing theft, such as conducting annual audits. Finally, it discusses what to do if theft is suspected, including gathering documentation without accusation and potentially contacting authorities or insurers. The overall message is that theft can damage a PTA's reputation and programs.
This document discusses concepts related to donor motivation and fundraising strategies. It introduces the donor pyramid, gift funnel, champion strategy, and two rails approach. The key information provided is an overview of frameworks for understanding donor levels and moving donors to increased engagement and giving over time through strategic fundraising approaches.
The document defines fraud and discusses its different types. It describes fraud as theft by deception or trickery to obtain an unjust advantage. The main types are occupational fraud committed by employees against an organization, and fraud committed for an organization like financial statement fraud. Employee embezzlement, vendor fraud, and customer fraud are provided as examples of fraud against an organization. Management fraud committed through misleading financial statements can harm shareholders and investors. Criminal prosecution through law and civil lawsuits aim to punish fraudsters and compensate victims.
The party responsible for a contactless chip transaction not occurring will be financially liable for any resulting counterfeit fraud losses, excluding automated fuel dispensers. If at least 95% of MasterCard transactions originate from EMV-compliant POS terminals, the merchant is relieved of 100% of account data compromise penalties. American Express and Discover will institute fraud liability shift policies that transfer liability away from parties with more secure EMV technology or those leveraging higher payments security.
The presentation covered payment fraud trends and strategies for combating fraud. It discussed how fraud is increasing with the economic downturn and criminals are targeting various payment methods like checks, cards, and electronic payments. The speaker outlined a fraud management framework of prevention, detection, investigation, containment/recovery, and analysis. Statistics showed most organizations experienced fraud attempts in 2008. Common fraud types involved checks, cards, and electronic methods. The presentation provided strategies for organizations to strengthen internal controls and leverage tools from financial institutions to reduce fraud risks and losses across different payment types.
Jill Evans, a former mortgage brokerage owner, provides tips on recovering from identity theft, including contacting financial institutions to change account numbers but not shut them down unless necessary, gathering documentation to prove identity theft and filing an FTC complaint, notifying relevant authorities like local police and federal agencies, and directly contesting any fraudulent charges with creditors instead of paying bills you did not incur.
This document outlines 6 main indicators of fraud: accounting anomalies, internal control symptoms, analytical symptoms, lifestyle symptoms, behavioural symptoms, and tips/complaints. It provides examples for each indicator and explains that combining information from all categories enhances fraud detection capabilities. Vigilance is needed as fraud symptoms often go unnoticed or unpursued.
Fraud can take many forms but generally involves deception for financial or personal gain. There are three main types of fraud: corruption, asset misappropriation, and financial statement fraud. Fraud is most often committed due to pressure, opportunity, and the ability to rationalize one's actions. Companies can help prevent fraud by breaking this fraud triangle through strong internal controls, monitoring, and creating a culture of integrity and accountability.
Weekly Sedona Verde Valley Foreclosure Short Sale Transaction ReportDamian Bruno
This document provides listings for 4 residential properties. The first is a manufactured home in Cottonwood with 2 bedrooms and 1.75 bathrooms listed at $44,000. The second is a 2 bedroom, 1.75 bathroom home in Clarkdale listed at $85,000. The third property has 4 bedrooms, 3 bathrooms in Clarkdale listed at $149,900. The fourth is a 3 bedroom, 2 bathroom home in Clarkdale for $155,000. Each listing includes details on features, size and location.
Arteris network on chip: The growing cost of wiresArteris
Arteris NoC SoC Interconnect presentation given by Jonah Probell at ARM Technology Conference 9-11 Nov 2010. Explains how traditional AXI fabrics require huge numbers of wires and leads to routing congestion, and how network on chip interconnects address routing congestion by allowing fewer wires. Explains the basics of NoC packetization and serialization.
MOBOTIX AG is a German company that manufactures high-resolution IP cameras. It is the number one manufacturer of megapixel cameras and has over 500,000 camera systems installed worldwide. MOBOTIX cameras offer high resolution video, onboard video storage, and low total cost of ownership through features like eliminating the need for expensive NVR servers.
Human Capital Management Software Market OverviewJeff Monk
This document provides an overview of the human capital management market. It notes that the market remains highly active with consolidation through mergers and acquisitions. While the market consists of many point solutions, vendors offering integrated talent management suites that are delivered through software-as-a-service models are emerging as leaders. The document also reviews recent examples of strategic mergers, acquisitions, and investment in the human capital management sector.
The document provides information about new horizontal directional drilling machines, the UNI 10x15 and UNI 12x15. It summarizes their key features and specifications in areas such as size, hydraulic system, operator station, mud pump, and service features. The machines are designed for efficient operation, maintenance, and to reduce downtime through easily accessible service points and simplified maintenance features.
The document discusses the transition from Account Generators in Oracle Release 11i to the Subledger Accounting Engine in Release 12. The Subledger Accounting Engine uses a centralized accounting model where accounting events for each subledger are stored together. It introduces the Accounting Methods Builder which allows users to define custom accounting rules using forms, replacing the need for customized Account Generators. Benefits of transitioning to the Subledger Accounting Engine include standardization, consolidation, improved control and transparency of accounting entries.
The Ultimate Financial Fraud Examination & Prevention ChecklistVeriti Consulting LLC
Did you know between 12.5 and 15 percent of the population are victims of financial fraud every year? Get the important facts about prevention and detection.
Veriti Consulting LLC provides various fraud and forensic accounting services for individuals and businesses across the United States. Veriti is also a licensed private investigation agency. If you would like to learn more about the types of fraud and forensic investigative services we offer click here or call 855.232.4410.
“Nearly half of all victim organizations do not recover any losses that they suffer due to fraud” according to the 2012 Report to the Nations presented by the Association of Certified Fraud Examiners. Although, there are no statistics that report the total number of entities and the amount defrauded, regardless of size, any organization can become a victim of fraud. Kyle Anne Midkiff’s white paper, Act Now Before it’s Too Late, provides five important steps to help organizations of any size prevent fraud.
My #1 Complaint – My Clients Don’t Protect Themselves from Fraud and Cyber CrimAnthony Semadeni
My #1 Complaint – My Clients Don’t Protect Themselves from Fraud and Cyber Crime - Everyday of the year is Christmas for the criminal in today’s cyber-‐world. With technology making fraud and scams look more legitimate, it’s upon everyone’s shoulders to protect themselves from both online and offline business offers. Here’s my shortest bullet-‐point list of things to know in order for you to be proactive in protecting not only your financial assets, but your online reputation as well.
Fraud takes many forms and costs hundreds of millions annually. Common internet frauds described include Nigerian scams, fake foreign lotteries, work-at-home scams, sweepstakes scams, and spoofing/phishing. To avoid becoming a victim, the document recommends not responding to unsolicited emails, researching offers thoroughly, being wary of requests for personal information, and consulting friends before making financial decisions. Basic security practices and awareness of common schemes can help reduce fraud risks, and victims should report crimes to the appropriate law enforcement.
Identity theft involves criminals stealing personal information like Social Security numbers and using it to open accounts or apply for loans. Around 10 million Americans are victims of identity theft each year. People can reduce their risk by checking credit reports annually, guarding their Social Security number, and ignoring suspicious emails. If someone becomes a victim, they should contact credit reporting agencies, close fraudulent accounts, file a police report, and potentially file an identity theft insurance claim for assistance recovering. ERIE insurance offers an identity theft endorsement for $20 per year that provides up to $25,000 to help restore someone's identity if stolen.
This document discusses common types of investment scams and fraud schemes. It describes Ponzi schemes, pyramid schemes, advance fee schemes, affinity fraud, letter of credit fraud, and prime bank note fraud. The key points are that Ponzi schemes rely on money from new investors to pay earlier investors, pyramid schemes focus on recruiting new investors rather than actual products or services, and advance fee schemes ask victims to pay upfront fees for promised returns that never materialize. The document encourages seeking education on these schemes to better protect investments from financial loss or fraud.
This presentation will look at the different kinds of frauds and scams prevalent in our society today. We will show you how to identify them. We will give you some advice on how to avoid them. And we will show you what to do if you are the victim of one of these crimes.
company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
This document provides information about fraud prevention. It discusses four main types of identity theft and warns signs that your identity may have been stolen. Consumer frauds discussed include charity, credit card, and foreclosure scams. Investment frauds like Ponzi schemes, annuities, and promissory notes are also covered. The document advises how to report fraud, safeguard your identity, and do research before investing to help prevent becoming a victim.
The Kirlew Law Firm is a Miami based law firm with a strong reputation for success in some of the most challenging and complex cases. Firm Founder and lead attorney Brian Kirlew is an experienced and respected criminal defense attorney. Our Firm is top-rated by leading rating services like Avvo, Martindale-Hubbel, Lawyers.com, Super Lawyers, and Top Rated Lawyers.
Aider is known for its reputation of resolving the complicated and complex of cases with ease. We are believe to eliminate all evils from society and also assist the mankind through our professional approach, trust and providing good results.
KIAR_Module 5- White Collar Crime 8 August 2023.pptxaishabojang15
This document discusses white-collar crimes and the Enron and Barings Bank scandals. It defines white-collar crime as non-violent, financially motivated illegal acts committed by professionals. The Enron scandal involved accounting fraud that inflated the company's stock price until its bankruptcy in 2001. The Barings Bank scandal was caused by rogue trader Nick Leeson, whose unauthorized derivatives trading led to huge concealed losses and the bank's collapse. Both cases highlighted the need for transparency, oversight and accountability in corporations.
This document provides contact information for a company called Secure Platform Funding that claims to offer financial services like funding and private placement programs. However, the document contains many red flags that indicate it is likely a scam, such as insisting all business be kept private and confidential without proper licensing or regulatory oversight. Viewers are warned not to share any information with this company.
Louise hunt.com-faceless fraudsters 5 helpful tips (1)Louise Hunt
We don’t know these fraudsters, these faceless people with no name or shame. What we do know is: they want our money. £7 in every £10 of attempted fraud is being stopped. Fraud is big business and if the figures tell us one thing – We need to be more vigilant than ever.
The document discusses fraud risk and consumer fraud management. It defines fraud and outlines the main categories. It provides data on fraud incidents and losses from regulatory reports. It then details common types of fraud like identity theft, credit card fraud, and phishing. The document outlines challenges in fraud management and provides examples of fraud attempts in Pakistan. It concludes with recommendations for financial institutions to strengthen anti-fraud culture, define clear roles and responsibilities, invest in fraud detection systems, and leverage fraud data and training to enhance consumer fraud management.
Legal services for entities accused by fraudBridgeWest.eu
Our criminal defence solicitors in London can offer in-depth legal advice for persons accused of fraud. Feel free to contact us at: www.defencesolicitorslondon.co.uk
Similar to Equity Trust Company: Reporting Fraud, Scams & Ponzi Schemes (20)
This document provides a summary of contribution limits for various retirement accounts in 2018, including Traditional and Roth IRAs, SEPs, SIMPLEs, Individual(k)s, HSAs, and Coverdell ESAs. The main points covered are:
- Traditional and Roth IRA contribution limits are $5,500 each ($6,500 if over age 50) and phase out at higher income levels
- SEP, SIMPLE, and Individual(k) plans allow for higher contribution limits up to $55,000 but have additional eligibility requirements
- HSAs allow contributions up to $3,450 individual/$6,900 family and grow tax-free if used for medical expenses
- Coverdell
This document discusses the benefits of using a self-directed IRA to invest in real estate and other alternative assets. Key points:
- A self-directed IRA allows tax-free profits from investments and the power of tax-deferred compounding interest over many years.
- Both traditional and Roth IRAs are legal ways to invest retirement funds in real estate, private placements, and other non-traditional assets as long as IRS rules are followed.
- Choosing the right IRA (traditional vs Roth) depends on whether you want tax deductions now or tax-free withdrawals in retirement. A self-directed IRA maximizes the benefits of either option for alternative investments.
This document exposes 10 myths about checkbook IRAs that promoters don't want investors to know. It summarizes that checkbook IRAs are not IRS approved and give the IRA owner direct access to funds, increasing the risk of prohibited transactions. If a prohibited transaction occurs, the IRA owner's entire account could be distributed, taxed, and penalized. The document cautions that checkbook IRA promoters provide little oversight or legal protection, and using a checkbook IRA may cost more than a traditional self-directed IRA while exposing retirement funds to additional taxes and risks. It encourages investors to carefully research checkbook IRA promoters and structures before investing.
This document provides an overview of the rules and regulations for self-directed IRAs. It explains that self-directed IRAs allow for a wide variety of alternative investments beyond just stocks, bonds, and mutual funds. However, there are some prohibited transactions like using IRA property for personal use or engaging in transactions with disqualified individuals like the IRA owner or their family members. The document also outlines some of the core guidelines for self-directed IRAs like ensuring investments are made at arm's length and not providing any indirect benefits to the IRA owner.
Roth retirement accounts like Roth IRAs and Roth 401(k)s allow tax-free earnings on investments. They can be invested in real estate, which allows using profits from real estate deals to buy more properties without paying taxes. Roth accounts provide tax-free profits at retirement. While traditional IRAs offer tax deductions for contributions but require taxes on withdrawals, Roth accounts do not offer deductions but withdrawals are tax-free for qualified expenses. Roth accounts can be a better option than traditional IRAs as they avoid taxes on investment growth and qualified withdrawals.
The document provides tips for preventing fraud and scams related to self-directed investments in individual retirement accounts (IRAs). It outlines several red flags for fraudulent investments including guaranteed returns, high pressure sales tactics, missing documentation, and complex investment strategies that are hard to understand. The document encourages investors to perform due diligence by understanding investment goals and risks, checking with regulators and professional advisors, and asking questions about products, fees, and the backgrounds of those selling investments. Common fraud schemes are described such as Ponzi schemes, pyramid schemes, and prime bank note fraud. Resources for finding help with potential fraud are also listed.
Utilize this checklist from Equity Trust Company and the Retirement Industry Trust Association to help identify potential scams or fraudulent investments.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
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1. Reporting Fraud, Scams & Ponzi Schemes
Being the victim of fraud is an unfortunate, upsetting experience. Feelings of sadness,
anger, embarrassment, and betrayal are common and it’s natural for the victim to want to
just put it all behind them. Equity Trust Company knows criminals who commit fraud
and prey on people to scam them out of their hard earned money rely on the silence of
prior victims.
While Equity Trust Company takes measures to protect clients against becoming
involved in a prohibited transaction, it is outside of the scope of our responsibility as a
passive custodian to review the legitimacy of investments. Equity Trust Company
encourages our clients to complete the necessary due diligence as well as consult their
attorney, accountant and/or financial advisor.
Once an investor gains evidence an investment loss is not the result of naturally occurring
poor performance, the possibility of being a fraud victim becomes the next step to
explore.
Scams and Investment Fraud: Where to Turn
If you become the victim of a Ponzi scheme or other scam of a fraudulent investment,
reach out to the agencies listed below. The agents can help take the next steps to try to
bring the criminal to justice.
There is no guarantee of receiving restitution or compensation for the losses, but speaking
up helps others avoid falling prey to criminals.
• Securities and Exchange Commission (SEC)
Phone: 800-732-0330 or 202-942-8090
Fax: 202-942-9634
Email: enforcement@sec.gov
Mail: SEC Complaint Center, 450 Fifth St. NW, Washington D.C. 20549
• North American Securities Administrators Association (NASAA)
Phone: 202-737-0900.
Email: cyberfraud@nasaa.org
Contact your local regulator
• Financial Industry Regulatory Authority (FINRA) (formerly National Association
of Securities Dealers regulatory branch (NASDR)
Phone: 800-289-9999
• Federal Bureau of Investigation (FBI)
Contact your local office
• Better Business Bureau (BBB)
• Your local District Attorney’s Consumer Protection Unit
2. • Your local Postal Inspectors Office (if mail was used as part of the investment
fraud process