By Scott Shaffer and Seth Snyder
Contractors face risks to their businesses – and risks even in simply completing a project – that are many and varied. Contractors are very familiar with the threat of damaged equipment, injuries, lending disputes, unexpected change orders, weather delays and jurisdictional interference, to name just a handful. Contractors survive and thrive in the construction industry because of their ability to navigate such challenges. However, there is another form of risk many tend to overlook — fraud.
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