May 11, 2017
Not-for-profit institutions are particularly vulnerable to acts of fraud and employee dishonesty. Most are never discovered and continue for years. This seminar will examine the who, what, when, how and why of this type of malfeasance that can be devastating to the mission of the organization and its public image. Fraud schemes common to not-for-profits will be outlined as well as prevention programs including separation of duties for a small staff. Best practices related to handling an incident, evidence gathering and security, proper reporting, whistle-blower systems, liaison with law enforcement and use of forensic professionals are discussed.