Earlier this month, we discussed how low some people will go with Trust Account fraud. Mimicking suppliers and receiving kickbacks just to name a few of the newcomers to the Trust Account fraud scene. So as an Agency Owner or Director, how do you ensure this doesn't happen to you? Or worse yet, from happening right under your nose? How ... read more >>
The low some people will go Hearing about instances of fraud is pretty much the norm these days. People pray on the vulnerable (quite often the elderly), pretending to be someone they are not and swindling money from the unsuspecting. Unfortunately, the Property Management industry is not immune. Bond theft remains the number one misappropriation of funds within the Property ... read more >>
Two-Factor Authentication ~ Protecting you Online Stop now and have a think about your online accounts. Do you use the same password for multiple online accounts? Is your trust accounting password the same as your internet banking password? If the answer is yes, << insert alarm bells here >>. It's 2020 - everything is online. With COVID, even more so. ... read more >>
Banish Internal Fraud from your Office With the advances that technology provides, unfortunately with it comes the possibility of online fraud. Online trust account fraud can occur both by someone outside of the organisation without access to the trust account, and internally. As much as we would like to think this will never happen, the reality is that it does. ... read more >>
