Pants On Fire!

Liar..Liar. You’ve undoubtedly met a few. Last month we met one that’s taken lying to extremes. One of our clients in the legal industry met a job applicant that interviewed so well they wanted to hire him on the spot. We were requested to conduct the employment screening ASAP and were sent a photocopy of the applicant’s signed release, passport, …

Hiding in Plain Sight

In early 2012 Wendy Steen Fischer was hired as a bookkeeper for an Athens, Georgia medical school New Horizons. The school ran a background check before hiring her and she reportedly “came back clean“.  In June 2013 she was arrested for stealing at least $50,000 from her New Horizons. Just another case of a good bookkeeper gone bad? Not exactly. …

Crowdfunding: A Huckster’s Dream Come True

Anyone who says “crime doesn’t pay” never discussed their views with a fraud investigator. Crime DOES pay, and profits come from those who don’t perform proper due diligence. Greed and accelerated or unrealistic wealth expectations are present in most non-traditional investment failures. Crowdfunding’s lower due diligence requirements, smaller investment size,  wider qualified investor pool, and still-developing regulatory oversight will translate …

A Correlation Between Fraud and Traffic Tickets?

The New York Times on 7/25/13 published a fascinating article about the correlation between minor offenses and corporate fraud. Read it here: Intersection of Fraud and Traffic Violations – NYTimes The evidence may indicate that boards should routinely run background checks on top officers and on those being considered for such positions. If someone does have a bunch of traffic …

Vcheck Global Protects Hedge Funds with Accredited Investor Reports

SEC Chairman Elisse Walter has voiced concerns over potential increased investment losses by qualified but unsophisticated ‘accredited investors.’ Implementation of the JOBS Act, she said, would greatly increase the potential for fraud against recent retirees, among others. Walter recommends an overhaul of the accredited investor definition, as well as additional oversight and industry regulation. Vcheck Global’s due diligence processes are …

Fireworks!

Yes, it’s a great way to celebrate on the fourth of July. But fireworks in the workplace? Not so good. More than one employer found themselves cleaning up a huge mess left by an employee who should have never been hired in the first place. Bare-bones background checks continue to be an explosive danger to those seeking to save money …