Accounting crime and fraud challenges

Accounting crime and fraud challenges

When I was in prison, visiting, an inmate came right after my presentation and said “Mustapha I really appreciate your talk on in-mate reformation. But how do you advise someone like me serving a jail term for a crime I never committed?” This was my first face to face with a victim of fraud, 10 years ago. Then an Accounts Officer at a local NGO, the victim was serving a jail term for misappropriation of petty cash. He was a young accountant on his first job. He explained to me that he had been requested by his supervisor, the Finance […] Read more

Genuine or scam: developmentchannel.tv; trading as Uganda Poverty Alleviation Program (UPAP) in Uganda – be aware

Genuine or scam: developmentchannel.tv; trading as Uganda Poverty Alleviation Program (UPAP) in Uganda – be aware

There is no easy money, and of course no free lunch. There are lots of fraudulent schemes. You must stay awake all day. Otherwise, chances of losing your hard-earned money are high at any lapse of common sense. As they say, “If it looks too good to be true, it probably is (too good to be true).” With high unemployment rates in Africa, people are thinking [innovatively] how to defraud others of their hard-earned money. You need to have a mindset of being cautious whenever presented with an investment opportunity to make quick cash. If it is that too good, […] Read more