US Companies Lose 20% of Income to Fraud

According to the American Institute of Certified Public Accountants, American companies lose a staggering 20% of income to fraud.

Published: April 27, 2018

According to the American Institute of Certified Public Accountants, American companies lose a staggering 20% of income to fraud. The Association of Certified Fraud Examiners has estimated that $600 billion of revenue may have been lost in a single year due to fraud and abuse.

In many cases, such fraud is not detected until it is too late. Lipton CPA Associates, LLC Accounting and Forensics uses their “Customized Forensic Accounting Techniques” to detect and prevent such frauds as well as determine and recover losses which may have already occurred according to the company.

The company encourages attorneys, bankers, business owners and managers to contact them and discuss any concerns regarding this topic.

Cosmo Tires to include 40,000-70,000 mileage warranty on all PLT tires

Cosmo will continue its portfolio expansion later this year when it launches its new Gripit X/T, Rockit R/T, and Cosmo Kurrent.

By Christian Hinton

Published: April 22, 2024

Cosmo Tires, distributed by Tire Group International, has introduced changes to its mileage warranty and road-hazard programs which will now feature a mileage warranty of 40,000-70,000 miles for all passenger and light truck tires offered.

“Our products are over-built and tested on the most rigorous tracks and terrains around the globe and this reflects our investments in manufacturing and quality. Now, all passenger and light truck tires carry Cosmo’s road hazard and mileage warranty ranging from 40,000-70,000 miles," said Dominick Montouri, chief strategy officer of Tire Group International, said.