Financial fraud is a big problem for small businesses. Small companies tend to lose almost twice as much money from each occurrence of fraud, compared to comparable incidents at medium-sized and large corporations, according to a recent study.
An investigation by a credentialed expert can improve the chances of recovering money from cryptocurrency crimes, but victims should be highly suspicious of firms that make grand promises and guarantees.
The fallout from the criminal fraud prosecution of Sam Bankman-Fried and the bankruptcy of FTX are discussed in a recent interview of John Powers from Hudson Intelligence with Paul Kilby of Fraud Magazine.
It is possible to recoup losses from a cryptocurrency fraud scheme — but the odds are not always favorable. Here are five steps for fraud victims to follow to maximize their chances for successful restitution.
Risks, rewards and the crush of crypto scams in decentralized finance (DeFI) are discussed in Fraud Magazine with an interview of John Powers, CFE, CTCE.
