Purchasing Scams and How to Avoid Them

Purchasing scams are not a high profile topic in the boardroom or indeed in the purchasing department - victims donÆt like to talk about their experience. They donÆt want to admit that they were gullible enough to be fooled by a fake invoice or a plausible appeal for a bogus charity. And yet scams cost companies thousands of pounds every year! - - Purchasing Scams and How to Avoid Them provides a comprehensive and practical guide to avoiding scams in the first place: any initiative in relation to scams must focus on prevention rather than cure. It contains descriptions of all of the most common scams including bogus directories, over-priced office consumables and business consultants who are too good to be true. It also describes how the infamous and ubiquitous Nigeria scam works. Advice is given on how to avoid each and, most importantly, how to establish a purchasing function that will provide effective defences against the perpetrators of such operations. Looking to the future the book considers the impact of e-commerce on the way that scams may develop and be dealt with in the years to come. - - No one with the power to commit a companyÆs money is safe from the attention of scam merchants. This book provides you with tools to ensure that your purchasing function is impervious to such approaches.