Coyness in posting keris pics

A. G. Maisey · 4th January 2023, 08:14 PM

Yeah, I've heard of this David, but I've never encountered it, I have an almost invisible presence on social media --- more now than I have previously held --- & I do not buy on the internet.

But I do not for a moment doubt that it does happen, if there is a way to scam in any field, the scamsters will find it.

We can put as many controls as we like into a system, and eventually a control will pick up a scam, but it is is often the detective control, rather than the preventive control that picks up the scam.

The bad guys are nearly always one step ahead.

Ever heard of Bernie Madoff?

David · 4th January 2023, 09:59 PM

Quote:

Originally Posted by A. G. Maisey

Ever heard of Bernie Madoff?

Of course, Bernie's story didn't turnout too well for him in the end.

A. G. Maisey · 4th January 2023, 10:49 PM

As I said David:- detective control

It all happens, somebody suffers loss, then we catch the baddies.

That's what audit & compliance is about, and as I understand it, in Bernies case the preventive controls screwed up badly:- human failure.

4th January 2023, 08:14 PM	#1
A. G. Maisey Member Join Date: May 2006 Posts: 7,056	Yeah, I've heard of this David, but I've never encountered it, I have an almost invisible presence on social media --- more now than I have previously held --- & I do not buy on the internet. But I do not for a moment doubt that it does happen, if there is a way to scam in any field, the scamsters will find it. We can put as many controls as we like into a system, and eventually a control will pick up a scam, but it is is often the detective control, rather than the preventive control that picks up the scam. The bad guys are nearly always one step ahead. Ever heard of Bernie Madoff?

4th January 2023, 10:49 PM	#3
A. G. Maisey Member Join Date: May 2006 Posts: 7,056	As I said David:- detective control It all happens, somebody suffers loss, then we catch the baddies. That's what audit & compliance is about, and as I understand it, in Bernies case the preventive controls screwed up badly:- human failure.