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Small Businesses Lose $200K to Fraud, Survey Reports

National News • August 12, 2008
U.S. organizations lose an estimated 7 percent of their annual revenues to fraud - but damages are more among small businesses, according to a new study. The median loss suffered by organizations ...

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Subject: Actual Dollar Amount

Posted On: August 12, 2008, 12:50 pm CDT
Posted By: Nobody Important
Comment:
The amount of fraud in actual dollars is staggering. This is in excess of $700,000,000,000 out of our economy in one year due to fraud. Mostly because business owners are not smart enough to lock the barn door. Many of them invite thieves to steal from them since they won't implement simple controls. Stupid people who are costing all of us a lot of money with their lack of sense.
Subject Posted By Posted On
Fidelity Insurance - The Second Line of Defense Lynn M. Schubert
Aug 18, 2008, 1:37 pm
Actual Dollar Amount Nobody Important
Aug 12, 2008, 12:50 pm
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