Tuesday, September 24, 2013

4 Kinds of Fraud That Could Destroy Your Business

 

http://www.entrepreneur.com/article/227689
 
  
 Get two entrepreneurs in a room and chances are one, if not both, have been the victim of accounting fraud. According to the Association of Certified Fraud Examiners annual report, nearly half of all small businesses experience fraud at some point in their business lifecycle. It will cost these organizations an average of $114,000 per occurrence. Worse, such fraud is usually committed by a "loyal" employee.

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