RT Journal Article SR Electronic T1 Investors, Turnaround Professionals, and Fraud:“First Do No Harm” JF The Journal of Private Equity FD Institutional Investor Journals SP 89 OP 93 DO 10.3905/JPE.2009.12.3.089 VO 12 IS 3 A1 Joseph D Kenyon YR 2009 UL https://pm-research.com/content/12/3/89.abstract AB 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