Blog

Posts Tagged: fraud deterrence

Leave No Stone Unturned in Your Search for Fraud

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. The Director of Operations at a large national financial services firm did such a good job reducing costs… Read more »

Fraud Investigations Can Uncover Inventory Control Weaknesses

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. The anti-fraud controls in place at a shipping supplies company were extensive and outwardly thorough.  Incoming shipments were… Read more »

It Should Always Feel Like Someone is Watching Your Potential Fraudsters

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. Despite what might be a common perception, it’s much more effective to let your employees know – right… Read more »

Why You Shouldn’t Give a Fraudster a Second Chance

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. We are taught to forgive others who make a mistake, and to usually offer them a second chance.  While this philosophy… Read more »

Substitution Schemes: Fraudsters Want More Than Just Cash

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. While most fraudsters misappropriate corporate or organizational cash as it is easier to take, more and more institutions are finding their… Read more »

Without Oversight, Petty Cash Fraud Losses Can Grow Rapidly

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. While a company’s petty cash account is designed to quickly and easily provide reimbursement for such small expenditures… Read more »

Tales of Municipal Fraud – Part Two

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley.  Last week, in the first of this two-blog series on municipal fraud, Certified Fraud Examiner David Anderson presented… Read more »

Tales of Municipal Fraud – Part One

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. . . . In this, the first of a two-blog series on municipal fraud, Certified Fraud Examiner David… Read more »

Don’t Underestimate the Importance of Contingency Planning

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, fraud deterrence, litigation support and expert witness testimony services in Philadelphia and the Delaware Valley. Many businesses have no disaster or contingency plans in place.  Others have only disaster plans to address such… Read more »

Fake Vendors Can Steal Real Money from Your Business

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting and marital dissolution services in Philadelphia and the Delaware Valley. A relatively successful and difficult to uncover scheme used by deceptive employees to steal money on the job is creating phony… Read more »

Technology Startup Fraud – Part Two

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. In last week’s blog, I discussed the threat of technology startup fraud and how it occurs.  Additionally, I introduced Theranos and… Read more »

Technology Startup Fraud – Part 1

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. Venture capitalists and other investors always are on the lookout for the next hot technology startup, hoping for huge profits from… Read more »

Update on Fraud Risks of Cryptocurrencies

David Anderson is principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides a full range of fraud investigation, forensic accounting, and marital dissolution services in Philadelphia and the Delaware Valley. In his October 23, 2017 blog, forensic accounting expert David Anderson of David Anderson & Associates, Certified Fraud Examiner in Philadelphia,… Read more »