Obtaining a patent for your invention requires capital, and for many startups, that initial capital is extremely valuable. At the early stages, especially pre-revenue, there are always more projected expenses than the pool of resources can handle. But, in the competitive landscape of startups, securing a patent can significantly enhance your company’s value.
In today’s fast-changing financial landscape, check fraud remains a serious threat, particularly for businesses in Florida. The Financial Crimes Enforcement Network reported a staggering 90% increase in suspicious activity reports related to check fraud in 2023 compared to 2021. Orlando is not immune to this troubling trend. Local businesses are feeling the financial strain and facing significant operational disruptions as they contend with fraudsters.
Check fraud includes a variety of deceptive…
In 2023, the Financial Crimes Enforcement Network reported a staggering 90% increase in suspicious activity reports related to check fraud compared to 2021. According to the report, Florida ranked as the second most financially scammed state in the U. S. Businesses feel the impact through legal costs and financial strain and can experience an impact in trust with customers.
Check fraud encompasses a range of deceptive activities, including forgery, alteration and the use of counterfeit checks.
Check fraud comes in a variety of forms and includes endorsement fraud, check washing and counterfeit checks. Tampa Bay businesses are not exempt from falling victim.