If you and your investors are okay with losing thousands upon thousands of dollars a year on projects, read no further and don't bother...

Surety bonds and letters of credit are similar in many ways. Both are three-party agreements in which one party pays a neutral guarantor...

Contractors looking to take advantage of a lack of oversight may submit fraudulent invoices containing previously billed timesheet...

Author Robert Becker is quick to point out that some contractors/subcontractors will continue to invoice for payroll taxes beyond the...

According to Robert Louis Becker, who appears not to mince words, provides this example for why construction audits are needed. “For...

In an article by the Great American Insurance Group, experts estimate annual losses at roughly $400 million in the United States. Many of...

CPAs and Compliance companies who work with construction companies and seek to have a presence in Southern California should contact me....

Some companies carry "Dishonest Employee Insurance" which helps in mitigating losses due to theft and other fraudulent activity committed...

Construction companies at a minimum should elect or designate a Compliance Officer, usually a Fraud Examiner with a background in finance...

According to Pro-Vigil, theft occurring on the jobsite has grown to over $400 million annually just here in the United States. The...

Did you know a proactive stance towards fraud prevention can possibly save you thousands of dollars each year? The Association of Fraud...

Following these suggested practices can go a long way towards the prevention of subcontractor fraud. Know your market. Be knowledgeable...

Below is a list of things you can do to minimize theft: Establish a written job site security plan and assign supervisory security...

In a recent report by the Association of Certified Fraud Examiners (ACFE) the median loss of those in the construction industry reporting...

Don’t hire me to be friends with your workers. Hire me so your workers think twice before stealing from you. Let them decide if it's...

I guarantee it. The presence of a clearly marked Fraud Examiner on the jobsite will definitely get attention. You may not hear it, but by...

If you're interested in learning how to detect and keep from becoming a victim of construction fraud, I wholeheartedly encourage you to...

With the economy in its current state, fraud is on the rise even in the construction industry. Fraudsters are everywhere. One may even...

The Construction Financial Management Association (CFMA) among others recommend a good fraud prevention program. Ipsen Due Diligence has...

While the vast majority of real estate agents and brokers are fair and honest, there will always be a few that look for an opportunity to...