Don’t cry “Wolf!” but take action – What to do if an employee is suspected of fraud
Abstract: Fraud and other financial misdeeds happen regularly at businesses — and nonprofits — across the nation. The question is, what should a not-for-profit do if an employee is suspected of fraud? This article describes a number of steps to take that will typically involve the board, legal counsel and police. A sidebar lists a few of a worldwide survey’s observations regarding fraud.