Posts by Haley Beatty
Catch Them if You Can: Fraud in the Film Industry
At a glance: Schedule a consultation with our team today. The full story: The film industry often evokes visions of Hollywood grandeur, enticing many to pursue a career in acting, directing, or producing. However, the glittering and glamorous lifestyles of the rich and famous often overshadow the seedy underbelly of an industry that can be…
Read MoreBuilding a Better AML Program for Money Services Businesses
At a glance: Schedule a consultation today with one of Aprio’s Certified Anti-Money Laundering Specialists The full story: From the check-cashing business on the corner to the prepaid gift cards in your local convenience store, there are many ways to access and exchange money outside of standard banking institutions. While these alternatives can be an…
Read MoreBefore Offering Cryptocurrency as a Payment Option, There Are Pros and Cons to Consider
At a glance Schedule a free consultation with our team The full story: You don’t have to be an expert in the market to know that cryptocurrency has been increasing in popularity across the globe for the last several years. After the runup in prices that took place in early 2021, more investors, consumers, vendors…
Read MoreM&A Dealbreakers: Uncovering Potential Fraud Before It’s Too Late
At a glance: Understanding the risk: M&A transactions require extensive due diligence, but the customary due diligence process does not always identify the full scale of potential fraud and regulatory compliance risks. Know the stakes: Uncovering potential fraud too late can lead to complicated legal disputes and may be detrimental to your company’s reputation. Be proactive: Don’t close…
Read MoreDOJ Announces National Cryptocurrency Enforcement Team
At a glance Learn more by scheduling a free consultation. The full story: The US Department of Justice announced the creation of the National Cryptocurrency Enforcement Team (NCET) to investigate and prosecute cryptocurrency-related crimes, misuses and recover the illicit proceeds from these crimes. The NCET will handle complex “crimes committed by virtual currency exchanges, mixing…
Read MoreAs Businesses Recover from Hurricane Ida, Here’s How to Prepare for Future Storms
At a glance Schedule a free consultation The full story: All indicators are pointing to an active hurricane season for the Atlantic region. According to the National Oceanic and Atmospheric Administration (NOAA)’s 2021 Weather Predictions, we’re likely to see 13 to 20 named storms, of which six to 10 could become hurricanes; at least three…
Read MoreFraud Has No Borders
At a glance: The main takeaway: Fraud is a global concern, as evidenced by some of the most famous global fraud cases in modern history. Impact on your business: Continued technological advances and modern fraud techniques mean no business is entirely protected – and the source can come from virtually anywhere. Next steps: As fraud…
Read MorePreventing and Preparing for a Healthcare Fraud Investigation
At a glance: Understanding healthcare fraud: medical and dental providers, insurance companies, as well as individual patients, are all at risk for healthcare fraud, which can lead to huge financial losses, higher insurance premiums, and even health risks. COVID-19 created new vulnerabilities: the uncertainty created by the pandemic has left individuals, insurance companies, and healthcare…
Read MoreLegal Operations: The Modern Approach to Optimizing Corporate Legal Departments
At a glance: A new approach to corporate legal departments: Recent shifts in technology and service delivery have created the modern legal operations model, prioritizing a more diverse team tackling legal and business needs simultaneously. Know the risks and rewards: Moving to an optimized legal department operations model requires technology and change, but the potential…
Read MoreLost Profits and Your Business’s Road to Recovery
At a glance: The main takeaway: Lost profits are a critical component to litigating and recovering damages following an incident, but appropriately calculating those losses can be challenging. Impact on your business: If your business has suffered damages or operational disruptions, understanding causation and calculating lost profits may be an important step for your company’s…
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