Your Weekly Guide to Running a More Efficient Business.

For two years, the manager of a Glasgow bakery logged sixty-eight thousand pounds in voided transactions, more than sixty times what the person in that same role logged during an entire prior year. Nobody caught it through a routine audit. A colleague noticed the pattern and flagged it. Senior leadership sent employees in to pose as customers, and watched two of their own purchases get voided in front of them before they finally confronted her. Table of Contents Two Stories,

Ippei Mizuhara had access to millions of dollars because one of the best players in baseball trusted him completely. That trust is what let him move $17 million out of accounts undetected for years to cover a sports gambling debt, before he was sentenced to nearly five years in prison. According to Fraud Magazine, a publication of the Association of Certified Fraud Examiners, sports betting fraud is now a wide and growing category, from account takeovers on betting apps to in

Your monitoring system just processed a transaction and reported nothing unusual. Login normal. Timing normal. Approval normal. For years, that report meant the transaction was safe. It may now mean something else is happening that your system was never built to see. According to Fraud Magazine, a publication of the Association of Certified Fraud Examiners, artificial intelligence now drives fraud schemes built to behave like ordinary activity rather than stand out from it, w

Most companies that get burned by credit card misuse had a policy. It was written. It was distributed. Managers had access to it. The problem was not that the policy was missing. The problem was that the policy had no structure behind it, so every instance of misuse became a judgment call, and judgment calls are expensive. According to the ACFE 2024 Occupational Fraud Report, expense reimbursement fraud appeared in 13 percent of occupational fraud cases studied, with a median

Someone in your organization is showing you something. You may not have a system that is designed to see it. The ACFE's Occupational Fraud 2026: A Report to the Nations documented 2,402 occupational fraud cases across 143 countries, resulting in total losses exceeding $3.4 billion. One of the most consistent findings in the study: 84% of perpetrators displayed at least one observable behavioral signal before or during the fraud. The median case ran 12 months before anyone cau