The Del Sol Lions is hosting a speaker who will focus on fraud prevention and describe how artificial intelligence is being used against unsuspecting seniors. The public is invited to hear the presentation at the Del Sol Lions Club meeting on Tuesday, May 26, with light refreshments at 5:30 p.m. and the presentation at 6 p.m., at La Colonia Community Center, 715 Valley Ave., Solana Beach.
The speaker, Lisa Carroll, has worked in the accounting field for 30 years, has a bachelor’s degree in accounting, and is a certified fraud examiner and certified bookkeeper.
She has operated her firm, Number Crunching, for over 20 years. In addition to preparing financial statements for small to medium sized businesses, Carroll is an expert witness regarding financial matters on family court, civil court, and criminal court matters.
Carroll is an affiliate member of the San Diego Family Law Bar…
MANAGEMENT & CULTURE (THE “TONE AT THE TOP”)
Fraud thrives in “sloppy” environments where leadership ignores the rules.
- The Fraud Triangle: For fraud to occur, three elements must be present: Pressure (the need for money), Rationalization (thinking “I deserve this”), and Opportunity (weak controls). You can only control the Opportunity.
- Whistleblower Hotline: Provide an anonymous way for staff to report “odd behavior.” Most internal frauds are caught via tips, not audits.
- Background Checks: Conduct credit and criminal record checks for all employees in financial or data-sensitive roles.
- Annual Ethics Training: Make sure every staff member knows that the company has a Zero Tolerance policy toward “borrowing” from petty cash or fudging overtime.