Fraud prevention podcast

I recently recorded a podcast for AllBusiness on fraud prevention in small businesses. Chris Bjorklund and I sat down and talked about some of the risks and ways to prevent fraud in small companies.

The podcast covers these issues, in addition to others:

  • Simple internal controls that are often overlooked
  • Components to be included in a code of ethics
  • Basic fraud prevention techniques
  • How big frauds start small
  • Profile of an employee who commits fraud
  • Tips for small business owners to reduce fraud:

    Read moreFraud prevention podcast

Apparently, our government isn’t very accountable

The Government Accountability Office has issued its 2007 report on the U.S. Government. In short, it appears that the government isn’t doing real well at keeping track of its assets nor of the money it spends. Just imagine if the U.S. Government was a public company subject to Sarbanes-Oxley rules. Yikes! In part the report … Read more Apparently, our government isn’t very accountable

Notice to Americans: Slavery Has Been Outlawed For a Few Years Now

A millionaire couple in New York has been convicted on charges related to keeping two slaves in their home. Mahender Murlidhar Sabhnani and Varsha Mahender Sabhnani were both convicted of 12 federal counts of forced labor, conspiracy, involuntary servitude, and harboring aliens.

The Sabhnanis apparently kept these women as slaves, paying them $100 to $150 a month, which the workers sent to their families in Indonesia. They were subjected to 18 hour work days, starvation, beatings, slashings, and other unusual forms of abuse.

Read moreNotice to Americans: Slavery Has Been Outlawed For a Few Years Now

School administrator is quitting and wants a $230,000 going away gift

Ummm… NO. It’s not in your contract. Buh-bye. But unfortunately, the school board is actually entertaining her request. Karen Petric, the 54 year-old superintendent of Witnall Schools wants to retire early. Her contract says that if she stays until summer 2010, she gets free health insurance until she’s eligible for Medicare. She wants that coverage … Read more School administrator is quitting and wants a $230,000 going away gift