As if there aren’t already enough challenges to running a business successfully, each year businesses across the country are targeted by scams that cost them millions. Bogus billing is one of the most popular ways that con artists get their hands in the pockets of businesses. A Jackson businessman recently targeted by such a scam recommends carefully checking invoices.
Dr. James Baugh, who co-owns The Vineyard restaurant with his son, Jay, said the recent bogus bill could have been easily overlooked.
“If we hadn’t been vigilant, we might have overlooked it,” Baugh said. “We could have sent in a check. With a bigger operation it might have slipped through with no problem at all.”
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info