The victimless crime! Don't you believe it. Retailers, banks, service companies, manufacturers and any other type of firm has to mark up their products or sevices for these losses. Fraud, embezzlement, money laundering, "ponzi schemes", computer fraud, are an everyday occurence - and growing. No company, no matter how small is immune from being put out of business by any one of these scams.

Reported, 1995, annual white-collar crime losses U.S.A., $480 Billion.

1990 U.S. Bank losses from fraud and embezzlement, $1.1 Billion.

1991 U.S. Bank losses from fraud and embezzlement, $1.5 Billion.

1992 U.S. Bank losses from fraud and embezzlement, $1.9 Billion.

1993 U.S. Bank losses from fraud and embezzlement, $2.2 Billion.

Over 8,500 bank employees stole an average of $215,000.00 each.

33% of all small business bankruptcy is caused by employee theft/embezzlement.

Over 10,000 Doctors are practicing medicine with phoney medical degrees. (1 in 30)

Over 50,000 Men/women have obtained employment with false degrees/diplomas.

After a while you can get numb from statistics. The next time you visit your doctor, take a close look at where he went to medical school. The House of Representatives did a study in 1988 and was shocked to discover over 1,500 doctors in New York, alone, had phoney degrees. New York has the toughest standards in the country - with more watchdogs than most, so no State is immune from these frauds.

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