The weighbridge fraudmay be difficult to detect for industrial companies and may cause important financial losses. We present some of the main risks of weighbridge-related frauds and some best practices to prevent them.
A weak procurement process gives frauds opportunities to buyers and suppliers: overcharge, fictitious services, conflict of interest... At the end, the company is paying the cost of these fraudulent agreements. Solvest presents some best practices to prevent the fraud risks linked to the purchasing processes.
Beyond the obligations introduced by the law “Sapin 2” in France, the implementation of whistleblowing tools is necessary to detect and prevent ethics and integrity failures within the companies.
The Spanish courts have recently accepted a private investigator’s report used to justify an employee’s dismissal. The waitress was not registering some sales to the train passengers. Let’s analyze this case and see how the French courts would react towards a similar affair.
Before validating a strategic project such as an acquisition, the “due diligence” phasis is most of the times realized by audit and consulting firms. A private investigator may provide additional skills, for instance on the ethics part of the mission.
The "Fake President" fraud may affect both small and larger companies. Its consequences can jeopardise the enterprise future. There are however many ways to prevent the risks by implementing some best practices.