Business Theft and Fraud Detection and Prevention

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.

Section 1 (Internal Fraud/Theft).

Internal Employee Theft and Fraud (Non-Retail Organizations) .

Asset Misappropriation.

Inventory Control.

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.

Under Reporting.

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.

James "Rick" Youngblood CPP CFE has extensive experience in the fields of Loss Prevention, Security, Investigations, Law Enforcement and Fraud. Rick has authored numerous articles on the topics of Fraud/Security/Loss Prevention for many national publications. Rick has also provided Fraud/Security/Loss Prevention presentations for many national and international organizations, including ASIS, Association of Certified Fraud Examiners, Institute for International Research, etc. Rick is a current and long-time member of the ASIS Crime and Loss Prevention Council and is also a member of the ASIS Investigations Council. Rick currently holds a Master’s Degree in Financial Management and a Bachelor’s Degree in Criminal Justice/Business Management. Rick is a retired Chief Warrant Officer from the US Army and spent over twenty-one years on active duty and in the National Guard as a CID Special Agent. Rick currently resides in Phoenix, AZ with his wife Rosanne.