360 Mall Currently on Fire

Mark,

I am highly trained in Fraud examinations and investigations. I have performed several Fraud examination within Kuwait and internationally that ended in putting fraudsters behind bars. I am also a member of several professional institutes and hold various certifications that require proofing previous experience and passing exams. So “gullible” in this subject is a word that might describe someone else.

Just because someone did not experienced a situation does not mean that it is impossible to exist and automatically anyone who thinks differently is “gullible”. You may have misunderstood my comment and thought I meant something that I did not. I never mentioned boxes of fake products and I clearly said due to the strict internal controls to prevent such things, that “disgruntled” employee will not benefit any monetary amount. They are basically out to sabotage their soon to be ex-employee. All they have to do is sneak a small fake good (pouch, watch, scarf, etc.). Usually the controls set by the boutique to screen employees when they get in is easily overridden or even nonexistent. Starting rumors later to make sure customers question their recent purchases will probably lead to the discovery of the fake goods. By that time, that employee is probably out of the country. You will be surprised by the level of creativity an angry employee would put into their elaborate fraud schemes. Not to mention the security controls and checks that organization put to fight such schemes turn into a “Security Theatre”. Just like the security guard near the hotel entrance looking under your car with a mirror but not looking inside.

I invite you to visit https://www.acfe.com/ and read some of their papers and research. I recommend their yearly report to the nation since it is free. It will broaden your knowledge and give you a better view of fraud risks. I am sure it will add value to your work.