Presentation on theme: "By : Captain Rick Ollic Berkeley County Sheriff’s Office."— Presentation transcript:
By : Captain Rick Ollic Berkeley County Sheriff’s Office
Stealing Money or Goods Falsifying checks or payroll, including creation of phantom employees Misusing company credit card accounts Taking Bribes or Kickbacks from suppliers or customers Claiming overtime when it is not due p.1
Embellishing expense accounts Providing FALSE information about the company to creditors or investors Stealing and selling company trade secrets Giving friends or family unauthorized discounts on company merchandise or services p.2
Safeguards during the hiring process Criminal records check Thorough checks from former employers Contact references Record checks for $25.00 through South Carolina Law Enforcement Division could save you thousands!
Establish Controls 1.All bill pays should be approved by management 2.All invoices approved by management 3.Add signature line to financial statements to include initials and date/time stamp 4.Allow only certain printers to print financial reports 5.Protect against payroll fraud by using direct deposit, regularly checking payroll records and hand-deliver paychecks.
Antivirus software on all servers, laptops and desktops. (Check Daily and scan weekly) Stay updated with software and security patches. Firewall all computers and on networks install network firewalls Boot Password to prevent access while away from your computer Virtual Private Network (VPN) wireless networks
Always try to run transaction as a debit When running as a credit always get a picture identification If transaction is not approved do not complete the sale Credit or Debit cards by phone always get 3-Digit security number on reverse side ASKING QUESTIONS NOW CAN SAVE FROM CHARGEBACKS IN THE FUTURE!!!
Show employees safety features on checks 1) Watermarks and micro printing 2) Fraud deterrent holograms Person making purchase or cashing check does not match inquire why that is so! Ask for two forms of identification Accurately copy information from identification
Banknote Detection Pens are not proven method for determining counterfeit money Become thoroughly familiar with genuine note All counterfeit bills are investigated by the United States Secret Service Visit
Detective Captain Rick Ollic Berkeley County Sheriff’s Office (843) Moncks Corner (843) (ext 4423) Charleston Area (843) St. Stephen