Business Fraud: From Trust to Betrayal

This award-winning nonfiction reveals how all types of businesses nationwide are losing billions of dollars annually to fraud and embezzlement. Internal frauds are taking place in hundreds, if not thousands of operations and could be happening in your business right now . . . You just do not know it! These crimes are preventable. The author’s forty years of research helps to disclose who the fraudsters really are and how you can defeat them. After four decades of investigating and studying business crimes; talking with hundreds of fraudsters and thieves regarding their crimes, the reasons those crimes were committed, and listening to what each perpetrator said their employer could have done to prevent their dishonest acts, Jack Hayes believes it is important that he share this unique knowledge with you. This eye-opening book is loaded with lessons we all can learn. You’ll discover: * Reasons why you should ignore those outdated methods of internal fraud prevention and heed the evidence presented throughout this book * That learning from the past will help you rise to the challenge of avoiding those fraud producing mistakes often made by others * How to create a positive climate of honesty in your operation—while forging tighter bonds with coworkers * How a series of low-cost yet highly effective antifraud strategies can dramatically reduce your operation’s risk to internal fraud and theft * Seven easy to implement steps that will help to protect any organization from internal fraud and embezzlement

JACK L. HAYES is an internationally recognized authority on business crime and loss prevention. Having been retained by some of the finest corporations in the United States, Canada, Europe, New Zealand, and South America, Jack has also consulted with the New York Stock Exchange, United States Marine Corps, U.S. Navy, and has testified in Federal and State Criminal and Civil Courts as an Expert Witness on internal dishonesty. In addition to his hands-on experiences, Jack has conducted extensive studies over the past four decades into how and why people steal from all types of organizations, and he has interviewed literally hundreds of internal and external thieves. These experiences have greatly assisted Jack in gaining extraordinary knowledge relating to why people steal and which methods work best in preventing internal fraud and embezzlement in all types of business environments. Jack has written numerous articles on internal and external theft; published a subscription newsletter for 22 years; served as a regular columnist for two trade magazines; authored and produced over 240 minutes of award-winning videos; quoted in numerous newspapers; participated in radio and TV shows; and self-published a variety of highly successful educational workbooks and motivational materials. He has lectured on numerous occasions before national and international audiences, and has conducted a series of security and loss prevention seminars in major cities throughout the United States.