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Kick out Fraud & Financial Crime, focus on making profit
Scam events for Marcus Evans help organisations increase profits
LONDON, ENGLAND, January 13, 2010 /24-7PressRelease/ -- Fraud in companies is a growing problem. Why? It means businesses lose money. Money they can't afford to lose in today's competitive markets and rickety global economy. But they don't just lose money directly through fraud and financial crime. The effect is much more insidious than that, and has a very nasty creeping effect.
How so? Picture this:
Your business is being defrauded. Because you didn't realise for some time, you've been leaking large amounts of money for several months. Now you need to tackle the existing problem, make sure it doesn't happen again and plan for a safer future. This costs money too, money you wouldn't otherwise have spent. Worse still, it forces you to take your eye off the ball. What ball? Growing your business. Instead of focusing on planning, marketing, new product development, emerging markets and fresh pricing strategies, cross selling and up selling, you have to concentrate on clearing up the mess.
The bigger your business, the bigger the resources and more manpower you'll probably need to fix things. Small companies suffer because they simply don't have the time spare time to function normally and deal with fraud.
Marcus Evans' Daniel Leu agrees. "Delegates at scam events for Marcus Evans (http://www.marcusevans-fraud.com/) tell us terrible tales of commercial woe, lost contracts and missed opportunities. Whatever the size your business, it takes significant time and effort to undo the damage caused by fraud, scamming, hacking etcetera. A huge amount of valuable energy, intelligence, manpower, imagination, cash and time gets diverted from core business issues to constant fire-fighting."
Worst of all, adding insult to injury, the longer you leave it the worse the damage to your reputation will be. Once fraud goes public people tend to head for the hills, and a trickle of defecting customers can soon become a torrent. Potential new customers are wary. And social networks like twitter are powerful enough these days to destroy a commercial reputation in days.
"Scam events for Marcus Evans (http://www.marcusevans.com/) are fraud conferences designed specifically to support senior management and executives in implementing rock solid anti fraud measures" comments Daniel Leu. "Because they're case study based, delegates get genuine insights into what real businesses have done to mitigate fraud and financial crime and re-focus on maximising profits".
Information for Editors
Marcus Evans employs more than 3500 people in almost 40 countries. They deliver intelligence and business products across a wide range of commercial sectors including Capital Markets, Life Sciences, Defence, Healthcare, Information technology and Legal.
• http://www.marcusevans-fraud.com/
• http://www.marcusevans.com/
• danielleu@marcusevansuk.com
• Daniel Leu
• 020 3002 3000
Press Release Contact Information:
Chris Borthwick
Marcus Evans
Daniel Leu
11 Connaught Place
London, London
United Kingdom W2 2ET
Voice: 020 3002 3000
Website: Visit Our Website


