Fraud Prevention

Assessing Risk to Deter Theft in an Organization

Today, fraud in the workplace results in staggering losses of approximately $600 billion per year. The bad news: this number will likely increase with the rise of the digital criminal. The good news: fraud is preventable, detectable, and susceptible to quick, aggressive responses.

The keys to dealing with fraud are to be:

  1. Ever diligent
  2. Aggressively agile should you suspect or detect a crime

Your company, not for profit, or governmental entity needs to have a fraud prevention, detection and response plan. The first step is a risk assessment that’s usually followed by recommendations for newer, better and stronger internal controls. Other best practices include adding a healthy dose of employee education and installing monitoring technologies. However, as long as criminals find new ways of hurting your bottom line, you’ll always be building, revising and updating your fraud management program.



“Adams Brown is always willing to help.  They always answer our questions regardless of the effort required to obtain the answers.”

Patrick Thrash – Eastvale, CA


Fraud Prevention Solutions

Businesses, not for profit organizations and governmental entities often need assistance from a Certified Fraud Examiner (CFE) in the following areas:

  • Anti-bribery and corruption investigations
  • Asset tracing, misappropriation and employee embezzlement investigations
  • Design of IT controls
  • Digital forensics services
  • Economic damage analysis
  • Financial statement fraud and improper revenue and expense recognition
  • Fraud hotline evaluation and testing
  • Fraud insurance recovery investigations
  • Fraud prevention programs
  • Fraud risk assessment and evaluation of internal controls
  • Insurance claim analysis
  • IT/cybersecurity assessments
  • Litigation support and expert witness testimony
  • Reconstruction of financial records
  • Third party vendor kickbacks and contract compliance
  • Whistleblower investigations

Types of Fraud Impacting Organizations

Asset Misappropriation
  • Check forgery
  • Check kiting
  • Check tampering
  • Inventory theft
  • Commission fraud
  • Expense account fraud
  • Health insurance fraud
  • Payment fraud
  • Procurement fraud
  • Theft of cash
  • Theft of services
  • Expense reimbursement fraud
  • Workers’ compensation fraud
Vendor Fraud
  • Billing schemes
  • Bribery and kickbacks
  • Check tampering
  • Overbilling
  • Price fixing
Accounting Fraud
  • Accounts payable fraud
  • Accounts receivable fraud
  • Double-check fraud
  • Embezzlement
  • Fake supplier
  • Personal purchases
Payroll Fraud
  • Advance fraud
  • Ghost employee schemes
  • Paycheck theft
  • Timesheet fraud
Data Theft
  • Theft of customer or contact lists
  • Theft of personally identifiable information (PID)
  • Trade secret theft
Bribery and Corruption
  • Bribes
  • Kickbacks
  • Shell company fraud
  • Schemes product substitution
Intellectual Property Fraud
  • Theft of intellectual property due to lack of registration
  • Theft of property protected under copyright, patent or trade secret
  • Inventor promotion fraud
Government Fraud
  • Contractor fraud
  • Healthcare fraud
  • Procurement fraud
Financial Statement Fraud
  • Overstating revenue, earnings and assets
  • Understating liabilities