Monthly Archives - March 2024

5 Types of fraud that e-commerce should be aware of

With a population of 265 million, Indonesia is an attractive market potential for the e-commerce industry. However, like other industries, e-commerce does not escape the risk of fraud. Although e-commerce applies advanced technology, the perpetrators always strive to seek opportunities by committing fraud to get a profit. The following are five...

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Fraud and its investigation in health insurance

Fraud is a major concern for all insurance companies. Some professionals even believe that during the first year of the pandemic, the number of insurance claims with an indication of fraud had doubled in number. Fraud in insurance happens when someone deliberately lies on purpose to take advantage of insurance that...

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How to distinguish between fraud and error

Irregularity found in financial statements leads to two possibilities; fraud or error. What’s the difference between the two? The difference between fraud and error lies in the intention. Simply put, fraud is an act that is intentionally carried out to benefit certain individuals or groups and causes detrimental effects to others,...

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How skip tracing can help law firms

In almost every case, law firms would need to locate people who are avoiding cases. However, this is not easy. Plus, it is difficult to get people to cooperate and be willing to be involved in a legal case. Therefore, skip tracing is needed. What is skip tracing? Skip tracing is a...

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PEP checks: safeguarding your business from conflicts of interest and high-risk business relations

Examination of Politically Exposed Persons (PEP) is an important step for companies in avoiding conflicts of interest and identifying high-risk employees, partners, and even clients. What is a PEP? The definition and criteria for PEPs can vary among organizations, institutions, and countries. However, there are some commonalities in the definition of...

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