A recent study reported that almost 40% of applicants lied on their resumes. And they usually get away with it – nearly half of human resources professionals do not always check listed employee qualifications. Although you may only have an applicant’s resume, it should not be your only source of information.
Last week, federal prosecutors announced new charges against Paul Manafort for hiding millions of dollars in assets overseas. Prosecutors found this because of a lucky break. If you aren’t so lucky, data science techniques can be used to pull content and information from documents to track their differences.
Enhanced due-diligence on higher risk customers is just one part of an effective Anti-Money Laundering (“AML”) compliance program. In February, federal regulators announced $613 million in penalties against U.S. Bankcorp for knowingly failing to maintain a robust AML compliance program.
The recent controversy surrounding the Trump Administration’s 24-year Deputy Chief of Staff for the Office of National Drug Control Policy (ONDCP) highlights the importance of pre-employment due diligence and background checks.
Lacey Keller has joined Gryphon Strategies as a Managing Director and will direct Gryphon’s newest service area, Data Mining and Analytics.