Michele Tafoya wants to crackdown on fraud
Republican nominee Michele Tafoya sat down on FOX 9’s All Day to speak on what her goals would be as a U.S. Senator for Minnesota, one of them being cracking down on fraud.
RAMSEY CO., Minn. (FOX 9) – Scammers are targeting seniors in Ramsey County, and local authorities want the community to stay alert and take action.
Fraud targeting seniors on the rise in Ramsey County
What we know:
The Ramsey County Sheriff’s Office says since Aug. 1, more than $1.2 million has been stolen from just 17 confirmed cases involving seniors in the county. Victims’ ages range from 61 to 78, with individual losses from $700 to $800,000.
Crime Prevention Deputy Ouellette said, “Nobody gets your financial information unless you know exactly who they are—and you WANT to give it to them.”
Ouellette emphasized that scam artists are creative and…
PROCUREMENT & EXPENDITURE (STOPPING KICKBACKS)
Procurement fraud usually involves inflated invoices or “fictitious” vendors.
- The Three-Way Match: Never pay an invoice unless you have matched the Purchase Order (PO), the Delivery Note (signed), and the Supplier Invoice.
- Vendor Master File Review: Review your vendor list annually. Look for suppliers with the same bank details or physical addresses as your employees.
- Dual Authorization: Implement a “Two-to-Sign” rule for all EFT payments above a certain threshold (e.g., R5,000).
- No “Cashing” of Checks: If you still use physical checks, strictly prohibit “Cash” as a payee and store blank checks in a dual-lock safe.