Thursday, July 8, 2010
The Perils of Running a Business in Mexico
A new report says that 77 percent of Mexican businesses are victims of fraud each year. In almost half of the cases, the defrauder is an employee working in collusion with a supplier. In a quarter of the cases, the amount of the fraud exceeds 1 million pesos. This isn't the most pressing security concern in Mexico, but wow, those numbers are much higher than I would have guessed.