Tag Archives: Fraud

Fake Background Check Fraud Conviction Shows Why Firms should Look for Screening Accreditation Seal

An Omaha, Nebraska man convicted on three federal wire fraud charges in a fake background check fraud scheme was sentenced to four years in prison and ordered to pay $126,715 in restitution, according to The Scottsbluff Star-Herald. The story, which shows why firms should look for a background screening accreditation seal, is available at: ‘Omaha man gets four years for background check fraud’. Continue reading

FTC Offers Child Identity Theft Prevention Tips for Parents to Protect Personal Information of Kids at School

Just in time for the beginning of a new school year, which usually requires parents to fill out paperwork such as registration forms and emergency contact information, the Federal Trade Commission (FTC) offers child identity theft prevention tips in the blog ‘Protecting Your Child’s Personal Information at School’ to let parents know that many school forms containing the personal and sensitive information of their children could be used to commit fraud in their child’s name if the information falls into the wrong hands. To read the blog, visit: https://www.consumer.ftc.gov/blog/protecting-your-childs-personal-information-school. Continue reading

Background Checks Prevent Employee Fraud in Workplace According to Safe Hiring Expert at ACFE Conference

In an article from the Orlando Business Journal, ‘Pre-screening new employees prevents fraud in workplace,’ Attorney Lester Rosen, CEO of Employment Screening Resources (ESR), indicated there is a “statistical certainty” that a company that does not background check job applicants will hire an employee with an “unsuitable” criminal record or false credentials. Rosen made the comments while discussing employee fraud and how to prevent it in the workplace at the Association of Certified Fraud Examiners (ACFE) 23rd Annual Conference and Exhibition in Orlando, Florida. The article is available at: http://www.bizjournals.com/orlando/news/2012/06/22/pre-screening-new-employees-prevents.html. Continue reading

Background Check Expert to Speak at ACFE Annual Fraud Conference on How to Stop Employee Fraud

Attorney and background check expert Lester Rosen, Founder and CEO of Employment Screening Resources (ESR), will present a session titled ‘Employment Background Checks: Stopping Employee Fraud at the Point of Entry’ on Tuesday, June 19, 2012 from 1:40 PM to 3:00 PM at the 23rd Annual Association of Certified Fraud Examiners (ACFE) Fraud Conference & Exhibition in Orlando, Florida. For more information about the session, visit http://www.esrcheck.com/Newsletter/ESR-Speaks/Employment-Background-Checks-Stopping-Employee-Fraud-at-the-Point-of-Entry-130/. Continue reading

ACFE 2012 Report to the Nations Finds Fraud Costs Organizations Five Percent of Revenues Each Year

The 2012 Report to the Nations on Occupational Fraud and Abuse from the Association of Certified Fraud Examiners (ACFE) estimates that the typical organization loses five percent of its revenues to occupational fraud each year and that this figure translates to a potential projected global fraud loss of more than $3.5 trillion applied to the estimated 2011 Gross World Product. The study also found that the median loss caused by the occupational fraud cases was $140,000, and more than one-fifth of these cases caused losses of at least $1 million. The ACFE 2012 Report to the Nations is available at: http://www.acfe.com/RTTN/. Continue reading

Identity Theft Tops Federal Trade Commission List of Complaints for 2011

For the 12th year in a row, identity theft topped the list of consumer complaints released by the Federal Trade Commission (FTC) for 2011. Of more than 1.8 million complaints filed in 2011, 279,156 – or 15 percent – were identity theft complaints, and nearly 25 percent of those identity theft complaints were related tax- or wage-related fraud. For more information about the FTC’s Top Complaint Categories for 2011, visit: http://www.ftc.gov/opa/2012/02/2011complaints.shtm. Continue reading

Identity Theft Rose 13 Percent in 2011 with Help from Social Media and Smart Phones

Fueled in part by the rise in the use of smart phones and social media by consumers, as well as a large number of data breaches, identity theft incidents in the United States rose by 13 percent in 2011 to affect nearly 12 million Americans, according to the ‘2012 Identity Fraud Report: Social Media and Mobile Forming the New Fraud Frontier’ survey released by Javelin Strategy & Research. To download the identity theft survey from Javelin, visit https://www.javelinstrategy.com/brochure/239. Continue reading

Identity Theft Crackdown by IRS and Justice Department Targets 105 People in 23 States

As part of a stepped-up effort against tax refund fraud and identity theft, the Internal Revenue Service (IRS) and the Justice Department have announced that a massive nationwide sweep last week targeting 105 people in 23 states to crack down on suspected identity theft perpetrators resulted in 939 criminal charges related to identity theft, according to a news release on the IRS website available at: http://www.irs.gov/newsroom/article/0,,id=253147,00.html?portlet=108. Continue reading

Keeping IDs Safe Act Introduced to Prevent Identity Theft of Social Security Numbers of Deceased Americans

To better protect the Social Security numbers (SSNs) of deceased Americans from identity theft, the “Keeping IDs Safe Act” was recently introduced in the U.S. House by Representative Sam Johnson (R-Texas), according to a press release on Johnson’s website. Also known as the “KIDS Act,” the legislature would make it harder for identity thieves to steal SSNs of deceased children and others by limiting access to the Death Master File publicly released by the Social Security Administration (SSA). Continue reading

Black Friday and Cyber Monday Shoppers Given Tips to Avoid Identity Theft and Fraud

With the arrival of Thanksgiving, shoppers are constantly warned to avoid identity theft and fraud during “Black Friday,” the day after Thanksgiving considered the official kick-off to the holiday shopping season. For “Cyber Monday,” the Monday after Thanksgiving weekend when shoppers return to work and start their holiday shopping online – and which became the biggest online shopping day in history and the first to surpass the billion-dollar threshold in November 2010 – nonprofit consumer information and advocacy organization Privacy Rights Clearinghouse (PRC) offers the following 10 tips to protect online shoppers from identity theft and fraud. Continue reading