Pre-employment background screenings have been a critical part of the recruitment process. While background screenings help employers verify the information candidates provide on their resumes, it can also help employers understand and predict candidates’ behaviors. Since it is related to risk minimization, behavior has become an important parameter in candidate assessment....
Insurance companies should be wary of the various types and modes of insurance fraud. Starting from the falsification of personal documents and the insured’s name and profile, mark-ups, to even the falsification of death certificates—as in the case that took place last June. A man, along with his friends, plotted to...
Finding an individual who has gone missing without a trace can be challenging. The situation can be a "needle in a haystack" scenario. The individual may be a key witness in an ongoing investigation, be aware of a pending court case, or simply owe too much money to several people. In...
This discusses ways to obtain information from people without them knowingly giving it to you. This second part to the summary of the book ‘How to Extract info, Secrets, & Truth' will review the last two chapters: “Read and Tell” and “Interrogation (sort of)”. Read and Tell This chapter explains "cold reading", which...
Investments related to Environmental, Social and Governance (ESG) have been in the spotlight in recent years. This is because an increasing number of individuals are becoming aware of and seeking alignment with sustainable ecosystem-based enterprises. This global trend has had an impact on the abundance of investment related to ESG. ESG...
While the public's memory of the Dieselgate mega scandal of 2015 remains fresh in their minds, a similar scandal recently unfolded involving a Japanese automaker, Hino. In early March 2022, at the request of the relevant authorities, this Toyota subsidiary conducted an internal investigation and disclosed findings of fraudulent emission...
Many studies show that the lack of internal control is the main factor that increases the risk of occupational fraud. One of the most commonly applied internal controls is an audit of financial statements. However, is auditing alone sufficient to detect fraud and minimize the risk of loss? The Indonesian public...
According to a study, companies suffer losses amounting to 5% of their revenue due to fraud. With this significant percentage in losses, what do companies do to these perpetrators of fraud, who are generally their own employees? Apparently, not all cases of fraud are reported by companies to law enforcement. As...
