FNB sent me a reminder to be careful about scams and what I should do if I encounter them. I am always grateful for their sustained efforts to combat these. It is sad that I have to write so often about them. They have become so common place, that people joke about the Nigerian General that is trying to overthrow the Government and needs your help whilst offering you handsome rewards.
It seems as if Crazy Covid mutated and have given fraudsters super grabbing powers in South Africa. We have seen families profiting off political connections. We have heard horror stories of irregular PPE tenders and irregular spending such as many, many millions of Rands wasted on flooring for a make-shift hospital that seems to consist of novel see-through material as no one has seen it…Let us do a cold reality splash quickly. Then take a deep breath and look at four more realistic options for safeguarding your investments through international exposure.
Acts of theft and fraud by employees is a very serious threat to the health of any business. The effects of shrinkage on the company’s bottom line aside, an office environment where fraud is taking place is often one where members of staff are pitted against their employer, with conspiracies and insubordination being common.
Fraud investigations include the use of several tools, including the well-known polygraph or lie detector test. Continue reading “Employee Fraud: The Use of Polygraph Testing”