# Fraud Prevention for Owners Who “Trust Their Bookkeeper”

Page: https://stenobird.com/podcast/real-money-talks-983339/fraud-prevention-for-owners-who-trust-their-bookkeeper
Text version: https://stenobird.com/podcast/real-money-talks-983339/fraud-prevention-for-owners-who-trust-their-bookkeeper.md
Podcast: [Real Money Talks](https://stenobird.com/podcast/real-money-talks-983339)
Published: 2026-02-27T10:00:00+00:00
Episode link: https://integratedwealthsystems.com/podcast/
Audio file: https://episodes.captivate.fm/episode/6894478b-f4fb-4d79-935b-68455e4ba66f.mp3
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JSON: https://stenobird.com/v1/public/podcasts/real-money-talks-983339/episodes/fraud-prevention-for-owners-who-trust-their-bookkeeper
Duration seconds: 1748

## Resource

In this episode, Loral sits down with Bev Ottone to expose what’s really happening behind the scenes in small business fraud prevention, and why most owners don’t catch fraud until it’s too late. Bev shares real examples of fraud she’s uncovered, including payroll tricks (ghost employees and reimbursements), vendor fraud inside bookkeeping software, ACH changes, check theft, and even points scams. You’ll learn the most common red flags, why “trust but verify” matters, and how better systems, separation of duties, and weekly review habits strengthen small business fraud prevention. If you’ve ever wondered how to hire a bookkeeper without handing over “the keys to the kingdom,” this small business fraud prevention conversation is a must-listen. Loral's Takeaways: Bev's Journey and Initial Experience (02:07) Bev's Courses and Motivation (03:00) Importance of Accurate Bookkeeping (05:22) Fraud Prevention and Detection (06:47) Vendor Fraud and Security Measures (12:17) Immediate Response to Fraud (19:05) Course Details and Final Advice (23:04) Bev Ottone Fraud Course: https://askbookkeepingcoach.com/ Meet Loral Langemeier: Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books. Her goal: to change the conversations people have about money worldwide and empower people to become millionaires. The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Av…

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## Transcript

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