Archive for August, 2009
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Aug 12, 2009
No CommentsInternal fraud is amongst us
Banking 101 dictates that dual control is the solution and safeguard against internal theft and fraud. Over and over, we are seeing cases where fraud has been successfully committed over extended periods of time and into the millions of dollars, where the “collusion” of two employees has made it possible. That very thought is the bedrock that...
