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Front end screening can avoid back end headaches. (The Scoop).(Loss Prevention Department National Association of Credit Management)(Brief Article)

Business Credit

| April 01, 2002 | COPYRIGHT 2002 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Everyday, frauds are reported to the Loss Prevention Department at NACM. Ten percent of these reports are involving a major fraud with a high dollar amount of losses and multiple victims. People who report these frauds are oftentimes angry at the fact that law enforcement does not swoop in and lock the perpetrators up and throw away the key within a short time. On further review of the facts, the Department often reveals a very simple fraud that is not elaborate and could have easily been avoided, but with the pressure to sell, they took a chance. In the best scenario, even if law enforcement does get involved, your odds of getting your product back are slim-to-none. Also, ...

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Source: HighBeam Research, Front end screening can avoid back end headaches. (The Scoop).(Loss...

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