by Brett Wilgar | Jul 26, 2017 | Uncategorized
Often fraud happens over a long period of time, with the perpetrator becoming bolder as time goes on and the fraud remains undetected. Watchful Eye software monitors every transaction and reports on changes and anomalies which can prevent this from happening. By...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Gambling is cited by many as their reason for defrauding their employers and something to be aware of as an employer with your staff. More and more we are seeing this reason used in court, but it is hard to gain an accurate picture as many exaggerate the extent of...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
There has been a lot of coverage of this case. If one theme should be raised to my readers, it is that threatening behaviour of fraudsters is quite common – being ‘grumpy’, ‘unapproachable’, etc is a common front to avoid being...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
As part of our overall anti-fraud philosophy we suggest that you be professionally sceptical and respect your instincts. This does not guarantee protection, especially when some people take enjoyment in breaching your internal controls, and when their behaviour is...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Our first published article, thanks Inside Small Business Australia! A philosophy for reducing employee fraud for SMEs DECEMBER 20, 2016 Planning and diligence are crucial to reducing the risk of employee fraud. Employee fraud happens every day, search your favourite...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
A really good article on the impact of fraud in the Taranaki region. Not for Profits (NFP) appear to be exposed to Employee Fraud more than they should, which seems worse given that these organisations are set up to do good in the community. The impact on NFP is...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Watchful Eye was formed to help small to medium businesses who are disproportionately more often victims of Employee Fraud, and where it is more likely that this fraud threatens their existence. When we were a victim of Employee Fraud, gambling was claimed to be the...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Using invoices from real and false companies is a common way of being defrauded. This is why we recommend that you only use the full legal names of your Suppliers and validate them using the Government run company databases – the ‘Companies Office’...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Often with small to medium businesses the size of the organisation does not allow for the separation of duties, and, as a staff member’s length of service extends, the trust builds – as is the case in this article. Trust, however, is not an internal...
by Brett Wilgar | Jul 25, 2017 | Uncategorized
Watchful Eye has a useful feature that searches the companies office for your Employee’s addresses to look for Suppliers, Directors & Shareholders who have a similar address. This would have identified the offending in this case....
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