Business Fraud

The Most Common Types of Fraud in Business—and How to Prevent Them

Fraud happens when a person or company engages in dishonest or illegal activity for personal gain. Most commonly, business fraud happens when someone steals money from a business under false pretenses or through seemingly legitimate dealings. Various types of fraud in business involve intentional misrepresentation, concealment, or manipulation of information. Fraud can destroy an individual

Examples of Business Fraud That Cost Companies Billions—Learn From These Mistakes

Business fraud can be devastating. Examples of business fraud can lead to terrible outcomes including ruined reputation, severe financial losses and even bankruptcy in some cases. False pretenses means that an individual or business makes a false statement or promise to defraud another person or business. That individual or business that relied on the lie