According to Randy Wood, everyone has a secret! Randy gave his inaugural Craft Talk on March 3rd. His business: keeping people honest.
Randy helps businesses keep people honest by providing detection and prevention of fraud through education, technology and kinesics interviews and interrogation.
Randy shared that businesses loose up to seven percent (annually) due to fraud and it often goes undetected for years. Small private businesses tend to be the biggest losers due to asset misappropriation. This past year has been especially significant with regard to fraud as financial targets are harder to achieve, people are afraid of loosing jobs, companies are offering fewer bonuses and many employees are doing more work for the same amount of pay.
Thanks to Randy for educating us on how to watch out for deviance in the workplace!
