Sunday, November 25, 2012

Red Flags of Procurement Fraud VI

Agent fees - often contractors or vendors are required to provide or certify their costs and prics.  Anything listed as "agent fees" needs to be scrutinized.  An exact explanation as to what exactly the agent has done to earn these fees must be provided.

Credit is given to Charles Piper and the July/August 2012 issue of Fraud Magazine for this article.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

                                             

Have a great and fraud-free day.

 


 

----------à>>>>>>>>>>>>>>>gene tausk

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