ABSTRACT

Businesses should be aware of fraud that is committed by these three groups. If fraud is uncovered by any of the three groups, then prosecution should be initiated. Failure to prosecute only encourages more fraud. Large corporations and many medium and small companies do not like to prosecute because they rationalize that it could hurt their image. ‚is is not so. Many of the consumer frauds also apply to businesses, for example, insurance, legal and accounting, banking, construction, and repairs. ‚erefore, those preventative measures apply to businesses. Fraud issues that concern businesses are addressed here.