10/20/2014 1 Investigating Your Debtor in Mexico Key lessons from fraud and debt collection cases for better screening of debtors Romelio Hernandez CreditScape Conference 2014 October 16, 2014 Palms ‐ Las Vegas Fraud case 1 1. Our introduction to fraud 2. Customer a trusted businessmen 3. 8+ years doing business
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Investigating your Debtor in Mexico, 2014 CreditScape, Western Region Credit Conference Seminar Slide Deck
Investigating Your Debtor, 2014 CreditScape, Western Region Credit Conference Seminar Slide Deck, sponsored by Credit Management Association. More information: www.creditmanagementassociation.org
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10/20/2014
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Investigating Your Debtor in MexicoKey lessons from fraud and debt collection
cases for better screening of debtors
Romelio Hernandez
CreditScape Conference 2014October 16, 2014 Palms ‐ Las Vegas
Fraud case 1
1. Our introduction to fraud
2. Customer a trusted businessmen
3. 8+ years doing business
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Our program
1. Credit application information
2. Free tools for investigation
3. More reliable resources
4. Checklist for due diligence
Resources will be useful for:
1. Evaluating prospect customers
2. Evaluating debtors for litigation
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Two types of debtors
1. Average Businessman
2. Professional Con‐Artist
Fraud is a product of both:
1. Personality
2. Situational variables
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Duffield, Grace et al. “The psychology of fraud.” Trends & issues in crime and criminal justice. March 2001: 1‐6.
“There are situational conditions that would
discourage all but the most incorrigible people from committing fraud.”
Duffield, Grace et al. “The psychology of fraud.” Trends & issues in crime and criminal justice. March 2001: 1‐6.
“Conversely, there are situations that encourage fraud to the point that even