Blog
How Does a Business Miss $5,000 Fraudulent Payments? One Transaction at a Time.
June 4, 2026
A recent fraud case out of Norfolk, Virginia is the kind of story that makes every business owner stop and ask, “How in the world did nobody notice?” According to federal prosecutors, a romance scam allegedly drained more than $1.2 million from a City of Norfolk corporate bank account through hundreds of unauthorized transactions between
How businesses can prevent deepfake-driven fraud
June 2, 2026
1. Stop treating documents and screenshots as evidence A screenshot of a wire confirmation? Not enough.A PDF invoice? Not enough.A photo of an ID? Not enough.A Zoom call with the “CEO”? Also not enough. AI can now fake the artifacts. So businesses need to verify through systems of record, not the document itself. For example:
The Case of the Tampered Financials: How Business Owners Can Spot the Clues
May 28, 2026
Fraud rarely walks in wearing a trench coat and holding a smoking gun. Most of the time, it shows up as a “miscellaneous expense.”A missing receipt.A credit card charge that does not quite make sense.A financial report that looks clean, but feels wrong. That is what makes financial fraud so dangerous. It does not always
When a Trusted Executive Steals Millions: What Businesses Can Learn from the Michael Collins Embezzlement Case
May 26, 2026
A company can have a strong product, smart leadership, and impressive revenue, and still be financially vulnerable if one trusted person has too much control. That is the hard lesson behind the Manhattan District Attorney’s announcement that Michael Collins, a former marketing executive, pleaded guilty to embezzling nearly $6 million from two employers between March
The SCAM Act: How Small Businesses Can Prepare Before Fraudsters Knock on the Door
May 21, 2026
Fraud rarely walks in wearing a mask. Most of the time, it shows up looking professional. A polished ad.A familiar logo.A fake bank login.A vendor payment change.A “customer support” link that feels completely normal. That is what makes today’s scams so dangerous. They do not look like scams anymore. The proposed SCAM Act, short for
What Can Small Businesses Do to Fight Fraud?
May 19, 2026
Follow the Clues Before the Money Disappears Fraud rarely kicks down the front door. It slips in quietly. A vendor sends “updated” banking instructions.An employee reimbursement looks just normal enough.A payroll change goes through without a second set of eyes.A fake invoice lands in the inbox on a busy Thursday afternoon. And just like that,
When Trust Becomes the Weakest Internal Control: The $10 Million Personal Assistant Fraud Case
May 14, 2026
A personal assistant in New York recently admitted to stealing nearly $10 million from an elderly couple who trusted her with access to their finances. According to federal prosecutors, Catalina Corona worked for the couple for years and used that position of trust to deposit hundreds of checks made payable to herself or to cash,
When “Fraud” Is the Accusation: How Businesses Can Protect Themselves Before Trouble Starts
May 12, 2026
A fraud accusation can shut down a business long before anyone proves a thing. That is the hard lesson from the My Forex Funds case involving Vaughan CEO Murtuza Kazmi and Traders Global Group. According to reporting and court-related summaries, the U.S. Commodity Futures Trading Commission brought a major enforcement action against the company, froze
The Voice on the Phone May Not Be Who You Think It Is
May 7, 2026
Fraud rarely kicks down the front door. Most of the time, it walks in politely. It sounds professional. It knows just enough details to feel credible. It creates urgency. It asks for one small thing, then another, then another. And before anyone realizes what happened, the money is gone. A recent report from Maeil Business
The Fraud Case Small Firms Cannot Afford to Ignore
May 6, 2026
Fraud does not always kick down the front door. Sometimes it shows up as a normal-looking email. Sometimes it hides inside a vendor payment request. Sometimes it is a check that was “lost in the mail,” only to be altered and cashed by someone else. And sometimes, the biggest clue is the one nobody noticed
