new icn messageflickr-free-ic3d pan white
Image from page 92 of "Bell telephone magazine" (1922) | by Internet Archive Book Images
Back to photostream

Image from page 92 of "Bell telephone magazine" (1922)

Identifier: belltelephonemag4344amerrich

Title: Bell telephone magazine

Year: 1922 (1920s)

Authors: American Telephone and Telegraph Company American Telephone and Telegraph Company. Information Dept

Subjects: Telephone

Publisher: [New York, American Telephone and Telegraph Co., etc.]

Contributing Library: Prelinger Library

Digitizing Sponsor: Internet Archive


View Book Page: Book Viewer

About This Book: Catalog Entry

View All Images: All Images From Book


Click here to view book online to see this illustration in context in a browseable online version of this book.


Text Appearing Before Image:

Fraud is a costly drain on everybusiness. Only by an alertmanagement and a carefully plannedprevention program can it be keptunder control. Here are some basicrules for prevention that have provedsuccessful in the Bell System


Text Appearing After Image:

Donald F. MacEachem, Chief Accountant Comptrollers Department, A.T.&T. Co. ■ All businesses are faced with fraudon the part of some of their employ-ees, customers, suppliers and others out-side the business. The telephone businessis no exception. Fraud is a costly propo-sition. In many lines of business, dishon-esty may be adding as much as 15 percentto consumer prices. The FBI reports thatlosses from fraud are three times as greatas the combined losses from all the bur-glaries, robberies, car thefts and bankhold-ups in this country. Known lossesfrom bank embezzlement in 1962 ex-ceeded nine million dollars whereas bankhold-ups resulted in losses of about two-and-a-quarter million dollars. Certainly fraud is now big business.It is no longer restricted to kiting, forg-ing or simple cash manipulations. Itoften involves extremely sophisticatedfalsification of large volumes of recordswith the result that the records them-selves cannot be relied upon as a meansof uncovering fraud. The


Note About Images

Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original work.

0 faves
Taken circa 1922