by Lori Bowden | Oct 2, 2024 | Business, Fraud, Newsletter
While the use of paper checks has greatly diminished, thieves still view them as a source for stealing revenue. In fact, the Financial Crimes Enforcement Network warns that many thieves are returning to old-fashioned financial theft, using paper checks. That’s one...
by Lori Bowden | Jun 1, 2024 | Fraud, Individuals, Newsletter
Scam artists seek new ways to steal financial data and money from vulnerable people in any season. Such fraudulent activities often target older adults. Here are three ways to help prevent elder financial abuse and fraud, whether you’re in this age bracket or you...
by ABIP | Dec 15, 2023 | Accounting, Fraud, News, Newsletter, Taxes
Starting January 1, 2024, many companies will need to follow the Corporate Transparency Act (CTA), established under the National Defense Act in 2021. This Act requires these companies to reveal information about people who own or control them, known as Beneficial...
by ABIP | Sep 8, 2023 | Fraud, News, Newsletter, Taxes
The IRS is warning taxpayers about emails and text messages that promise refunds and credits, but that actually result in identity theft. Many current schemes involve the third Economic Impact Payment (originally made in 2021). Messages may also reference the Employee...
by ABIP | Jun 13, 2023 | Business, Fraud, News
A recent cyber incident involving the City of Oakland serves as a poignant example of the potential consequences of inadequate cyber liability coverage. The incident significantly disrupted critical city services, leading to substantial downtime and financial losses....
by ABIP | Jul 7, 2022 | Business, Fraud, Individuals, News, Newsletter, Taxes
Dirty Dozen Tax Scams for 2022 The “Dirty Dozen” is a list of common tax scams that target taxpayers. Compiled and issued annually by the IRS, it includes a number of aggressive and evolving schemes that taxpayers should avoid. Let’s take a look at...