Keep Fraudsters at Bay By Tightening Up Your Controls

Fraudulent activities are rooted in the ability of bad actors to gain unauthorized access to funds by circumventing weak financial controls, points out Michael Volkov, CEO of the Volkov Law Group LLC, a firm that specializes in helping companies avoid fraud and other financial crimes. “In many cases, agents, distributors, vendors, and suppliers—real or fake—use fraudulent methods to obtain access to money. That’s why compliance controls are vital for safe, effective invoice processing,” he…