More than 84 percent of fraud mitigation professionals interviewed see fraud that crosses multiple industries in their investigations, according to a newly released LexisNexis Fraud Mitigation Study. The study revealed that multi-industry fraud has a moderate to high financial impact …
Fraud is an unfortunate business reality, particularly for banking, finance, healthcare and insurance companies. In fact, fraud is so profitable it’s attracting organized crime rings. That was clearly demonstrated when law enforcement busted a staged-crash organization in Florida. The National …
New anti-fraud legislation was passed this year in Colorado, Georgia and Minnesota, according to Tim Lynch, government affairs director at the National Insurance Crime Bureau. Lynch discussed the status of anti-fraud legislation and other NICB efforts during a recent podcast …
Though pharmaceuticals and electronics are the most expensive items cargo thieves target, food and beverage cargo is also popular because this product is often not secured as well as bigger ticket items, according to Keith Lewis, vice president of operations …