Fraud (Financial Management for Music Retail)
Minimize theft and fraud. Did you know fraud is a billion-dollar problem in retail? Hear about the hard, cold facts about music retail theft and fraud. What you don’t know will surprise you. Arm yourself with knowledge, including the three bases for fraud to occur: opportunity, motivation and the ability to rationalize theft. Make a point of identifying the 10 indicators of fraud in your store. While fraud can’t be eliminated, you can implement six ways to minimize internal fraud in your store.