You may think that it can't happen at your store. Or that it won't go far if it does. But every year, dealers find themselves victimized by trusted employees. More than half of all fraud and embezzlement cases nationwide involve employees who have worked for an organization for five years*. And half involve schemes that lasted 18 months or more before being detected*.
This webinar will provide an inside look at actual cases. Attendees will be taken step-by-step through the process -- from the earliest signs to court convictions. You'll leave with tips that will help you develop an effective fraud-prevention strategy.
Spend sixty minutes with Aaron Jacoby, chair of Arent Fox's automotive industry practice group, selected as one of the "Top 5 Practices" in California, and Ron Sompels of Crowe Horwath Retail Dealer Group, who personally works in delivering assurance, risk, due diligence and performance consulting services to dealerships across the country. Both experts will be available to answer your questions during the session.
You will also learn:
- The nature of fraud and embezzlement in automotive retailing: Why it happens, who is doing it, what departments are typically involved, and how it's being discovered.
- Priceless prevention and detection techniques. They start with knowing that four out of five asset misappropriations involve CASH*. Learn what steps to take to protect your business today, and better prepare your dealership for the future.
Sign up now for this Automotive News webinar to learn how to stop fraud that may already be happening in your dealership!
*Source: ACFE's 2012 Report to the Nations on Occupational Fraud and Abuse