Unique Content Article: Bob Jain & Understanding Friendship Fraud

Bob Jain & Understanding Friendship Fraud

by Paul Martinez

Without question, most people who own businesses have probably thought about hiring those they know personally. If they are hard workers, it shouldn't be a problem, but there are concerns that can rise to the forefront. One of the most serious is known as friendship fraud, and it's likely that you have little idea as to what this entails. For those who would like to know what this case entails - and Bob Jain can help you along the way - take note of the following information.

For those who do not know, friendship fraud occurs when someone is employed simply due to a personal connection. Even though the new hire might be a good worker, the worst cases involve the hire in question taking part in immoral ways. For example, someone might be given control of finances, only to use what's brought in to inflate their paycheck on a weekly or biweekly basis. This is the main idea of friendship fraud, and it's a serious matter that <a href="http://www.usatoday.com/story/money/business/2015/03/02/ozy-bobby-jain-charitable-giving/24263137">Bob Jain</a> can help you better understand.

You might be curious to know what friendship fraud stems from, but the main cause seems to be a strong sense of loyalty. For example, someone who has many friends might start their own firm. In order to round out the number of people employed by the firm in question, it's possible that he or she will bring on a few of their friends. This can result in serious problems later on, with fraud being just one example, which is why certain methods should be highlighted by <a href="http://www.usatoday.com/story/money/business/2015/03/02/ozy-bobby-jain-charitable-giving/24263137">Robert Jain Credit Suisse</a>.

If you were curious to know how friendship fraud could be prevented, hiring practices must be taken into account. Specifically, personal connections should not be focused on nearly as much as job history, education, and useful skills in general. When these elements are taken into account, more likely than not, you will be given a better understanding of what that person has to offer. As Robert Jain Credit Suisse and other authorities can attest to, this results in better business.

Simply put, no business is going to succeed if there is nepotism to be seen. There's a high probability of friendship fraud, as any attorney can tell you, and understanding how it can be prevented in the long term is nothing short of vital. For this reason, you should stay knowledgeable of this activity, ensuring that you exercise care along the way. By doing so, you can rest easy knowing that your business will stay active in the long term.



Visit <a href="http://www.usatoday.com/story/money/business/2015/03/02/ozy-bobby-jain-charitable-giving/24263137">Bob Jain Credit Suisse</a> if you'd like further financial expertise courtesy of <a href="http://www.usatoday.com/story/money/business/2015/03/02/ozy-bobby-jain-charitable-giving/24263137">Robert Jain</a>.. Free reprint available from: <a href="http://www.uberarticles.com/home.php?id=2048739&p=97234">Bob Jain & Understanding Friendship Fraud</a>.


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New Unique Article!

Title: Bob Jain & Understanding Friendship Fraud
Author: Paul Martinez
Email: seo@fishbat.com
Keywords: friendship fraud, fraud, legal, finance, bob jain
Word Count: 448
Category: Legal
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