Internal Loss Prevention: Detecting and Preventing Employee Fraud

One-day Course

New!

Learn the fundamentals of auditing for fraud with an emphasis on understanding the common schemes, detection techniques and methods of preventing occupational “employee” fraud in your dealership.

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Key Takeaways

  • Explain the impact of occupational fraud on organizations.
  • List the ways that occupational fraud is committed as a way to prevent it.
  • Identify occupational fraud detection strategies.
  • State the common traits of victim organizations.
  • Recognize the characteristic of fraud perpetrators.
  • Examine the warning signs of fraud schemes and what to do in the aftermath.
  • Implement fraud-prevention strategies.

Stats

13%
Percent of fraud cases are from the retail auto industry*

>1M
Average fraud loss in the retail auto industry*

85%
Percent of organizations that never make a full recovery of losses*

*Source: 2013 Marquet Report on Embezzlement.