#fraud-prevention
Proactive strategies and controls to prevent financial fraud in your business
806 Belize MSMEs won a one-year business-tax holiday; the first certificates expire now. Check your status, dodge the fake Amnesty 2.0, and plan the landing.
The IRS must assign old tax debts to private collectors CBE, Coast or ConServe — verify the CP40 notice and authentication number before paying a cent.
Up to 22% of fleet fuel spend is lost to fraud. Driver PINs, gallon caps, and telematics matching stop cloned cards at the pump.
Autonomous AP software codes, matches, and pays invoices with humans touching only exceptions, cutting processing costs from ~$15 to under $3 per invoice.
CARD Act protections stop at consumer cards: business issuers can reprice existing balances and charge uncapped fees. Seven habits close the gap.
IRS Letters 5071C, 4883C, and 5747C freeze your refund until you verify your identity — online, by phone, or in person.
Validate every bank account before the first ACH payment with a prenote, micro-deposits, or instant verification — plus a callback on every detail change.
Colorado HB26-1088 voids unpaid filings, bans fraudulent registered agents, and fast-tracks scam-entity dissolution — effective August 12, 2026.
Exit a paid-off timeshare four ways: rescind within days, deed it back, resell at market value, or donate with an appraisal. Never pay an upfront exit fee.
Card-testing attacks surged 175% in 2026 — bots validating stolen cards on your checkout. Velocity limits, CAPTCHA, and CVC checks stop the fees and disputes.
Civil demand statutes let retailers bill shoplifters for merchandise plus a $50-$500 penalty, settled by letter if paid within 30 days.
Duplicate payments siphon 0.8–2% of vendor spend. Sweep your AP history, recover overpayments fast, and lock in five controls.
