How to Prevent Small Business Fraud

Learn how to prevent small business FRAUD. In discussing cash fraud schemes, it is important to understand exactly what the term
cash means. Cash may be defined as any medium of exchange that a bank will accept at
face value. It includes bank deposits, currency, checks, bank drafts and money orders.
Cash fraud schemes, therefore, are not limited to schemes in which employees steal
currency. They also involve checks, bank drafts, and other forms of negotiable
instruments. In general most cash fraud schemes committed by employees focus on either
currency or checks.