There’s no depth criminals won’t sink to in their attempts to get their hands on personal and banking information they can further exploit. Our colleague, Lynn Larson, has uncovered a yet another one – and it has not been widely publicized. Make sure you stick around until the end when Lynn shares tips on how You can protect yourself against this type of fraud. #fraud #scams #identitytheft

We want to share this story, even though it does not strictly have B2B implications, because we want to make sure none of our listeners, their families or their friends fall for this fraud. What’s more, it demonstrates, once again, just how innovative some criminals are in finding cracks in a process, weaknesses in vulnerability and then taking full advantage.

Protecting personal information is important and criminals are getting very crafty about how the go about getting their hands on your personal data. Everyone needs to be alert all the time. If something seems to good to be true, as it does in this example, be very, very suspicious.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Zelle Fraudhttps://youtu.be/L02mUitjsKc

Fraud Protection: Payment and Other Types of Fraud Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe

Link to Can You Spot the Phony Email Addresshttps://youtu.be/8IkeqkkQ2Do

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Host: Mary Schaeffer (www.ap-now.com)

Guest: Lynn Larson (www.recharged-education.com)