How to Build an Effective Financial Fraud Strategy in 2024

Topic Description:

• Define the benefits of a financial fraud strategy
• Discuss the difference between consumer and business fraud and the disparate impact on businesses
• Review the current fraud trends and the process if you experience fraud
• Discuss how small businesses can mitigate future fraudulent exposure with an effective financial fraud strategy

After owning his own marketing business for 20 years, Doug Platts began his banking career. For the past 25 years, Doug has worked exclusively with small business banks in the Los Angeles market as a Banker and Commercial Lender.

Due to the incredible increase in small business financial fraud activity, much of Doug’s time has been spent working with small business clients helping them minimize their exposure to fraud as well as recovering losses once fraud has occurred.

The East Ventura County Employer Advisory Council (EAC) is composed of employer volunteers representing a cross-section of businesses and industries.  The EAC was developed to promote a stronger partnership between the California Employment Development Department (EDD) and the business community. Its commitment is to assist employers in conducting their business more effectively and efficiently, to provide information on employment-related issues, and to enhance the communication between EDD and the private sector. This presentation is provided for educational and informational purposes only; it does not constitute an endorsement of the curriculum or speakers by the State of California EDD or by the East Ventura County EAC. Aside from staff designated to represent EDD, we assume no responsibility for the accuracy, legality, or content of the materials provided during this event.

EDD, an equal opportunity employer/program, is a partner in this event.  Special accommodation requests need to be made two weeks before the event by calling (805) 288-8231.