338 pages | 29 B/W Illus.
Business Theft and Fraud: Detection and Prevention offers a broad perspective on business-related theft, providing a detailed discussion of numerous avenues of theft, including internal and external fraud, organized retail crime, mortgage fraud, cyber fraud, and extortion. Combining current research and the author’s extensive experience with loss prevention and security, this professional text identifies industry trouble areas and offers techniques to combat business theft, such as how to identify sales underreporting, track sales by shifts, and educate employees on computer-related fraud.
This publication is critical for those involved with loss prevention, security, or criminal justice. Business Theft and Fraud’s accessible, franchise-oriented scope will help many professionals identify and thwart threats in the evolving business world.
"…recommended for security and business management professionals as well as loss prevention practitioners desiring a roadmap for the detection and prevention of business theft and fraud. It could also be used as a primary or supplemental textbook in college courses focusing on internal and external theft and fraud, as well as cyber issues." –Security Management, July 17, 2017
Section 1 (Internal Fraud/Theft).
Internal Employee Theft and Fraud (Non-Retail Organizations) .
Need for Job Rotation in Organizational Finance Related Positions.
Purchase Order Fraud. Financial Statement Fraud.
Section 2 (Understanding Fraud/Theft in the Franchisee/Franchisor Industry).
Franchise Sales Underreporting and Brand Integrity.
Employee Skimming and Sales Integrity.
Understanding Established Comparable Sales.
Stores Pending Bankruptcy and Lower EC Sales are a Catalyst for Theft and Sales.
Using Yield/Usage Programs to Identify Potential Sales Underreporting.
Why the Income Statement/Profit and Loss Statement is Vital in Detecting Theft/Fraud.
Using Franchisee Tax Documents for Identifying Sales Underreporting.
Understanding the Franchise Agreement.
Section 3 (Understanding Fraud/Theft in the Multi-Unit Retail Industry).
Understanding Fraud/Theft in Company Owned Retail Locations.
External/Internal Fraud Threats Directed at Various Business Operations.
Understanding Sweet Hearting in a Cross Section of Industries.
Internal Fraud Detection and Prevention.
Section 4 (External Fraud/Theft).
Identifying Loss in the Retail/Restaurant Industry.
Organized Retail Crime/Theft. Understanding Extortion. Financial Institution Fraud.
Lender Targeted Mortgage Fraud.
Section 5 (Cyber Security).
Understanding Cyber Security and Cyber Fraud.
Technology Based Frauds.
Understanding and Preventing Data Breaches.
Keeping Malware/Spyware off the Office Computers.