TY - JOUR T1 - Investors, Turnaround Professionals, and Fraud:<em>“First Do No Harm”</em> JF - The Journal of Private Equity SP - 89 LP - 93 DO - 10.3905/JPE.2009.12.3.089 VL - 12 IS - 3 AU - Joseph D Kenyon Y1 - 2009/05/31 UR - https://pm-research.com/content/12/3/89.abstract N2 - 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 ER -