%0 Journal Article %A Joseph D Kenyon %T Investors, Turnaround Professionals, and Fraud:“First Do No Harm” %D 2009 %R 10.3905/JPE.2009.12.3.089 %J The Journal of Private Equity %P 89-93 %V 12 %N 3 %X Businesses in transition, whether from a sale, unusual growth, or a turnaround situation, may be at increased risk for fraud. Investors need to understand how to spot the red flags of fraud when they become involved with a new business. Additionally, it’s important to understand, as changes are made to the business, what new conditions can create a motivation or an opportunity for fraud. This article also addresses how to create a fraud prevention and detection system.TOPICS: Private equity, manager selection, financial crises and financial market history, legal/regulatory/public policy %U https://jpe.pm-research.com/content/iijpriveq/12/3/89.full.pdf