@article {Kenyon89, author = {Joseph D Kenyon}, title = {Investors, Turnaround Professionals, and Fraud:{\textquotedblleft}First Do No Harm{\textquotedblright} }, volume = {12}, number = {3}, pages = {89--93}, year = {2009}, doi = {10.3905/JPE.2009.12.3.089}, publisher = {Institutional Investor Journals Umbrella}, abstract = {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{\textquoteright}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}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/12/3/89}, eprint = {https://jpe.pm-research.com/content/12/3/89.full.pdf}, journal = {The Journal of Private Equity (Retired)} }