“dynamic minds announces (pos) fraud audits designed for today’s new”

April 2010

LAS VEGAS – Dynamic Minds Consulting, a leading professional services firm for the hospitality industry, announced a new Fraud Audit offering specifically designed for detecting internal theft and fraud from Point-of-Sale (POS) applications in gaming and hospitality.

In today’s increasingly adverse economic climate, the frequency of internal theft and fraud has unfortunately increased.  The potential for internal theft, especially when gone undetected for prolonged periods of time, can have devastating financial ramifications for any gaming operator.

Dynamic Minds Consulting has assisted several large gaming partners with audits that have resulted in terminations and in several cases, prosecution of the compromised employees.   Dynamic Minds consultants will spend the endless hours required to conduct undercover operations review and a thorough examination of your application’s configuration and audit logs. Once the audit has been completed we work with you to maintain a best practice configuration and train the existing management team on identifying future security risks.

“The distressing reality today and in actuality, for the ten years I have been observing large gaming operations is that as you read this, there is internal theft going on at your property,” said Mohammad Ashrafi, founder & principal consultant at Dynamic Minds Consulting.  “This unfortunate and destructive reality requires gaming operators to regularly analyze large amounts of data and conduct on-site undercover investigations.  Our consultants have years of experience detecting software risks and operational abusers of these mission critical cash handling systems.  We are confident executing one of our Fraud Audits at any Strip property will result in the discovery of internal theft and fraud.”

Mr. Ashrafi continued, “The amount of bottom-line revenue that is being lost in some casinos today can reach seven-figure totals.  Internal theft from the (POS) applications can be prevented, but many operators simply do not have the dedicated resources consistently required to review in some cases hundreds of pages of reporting data or hours of surveillance footage.  We are ecstatic to expand this service offering to increased members of our client base and look forward to making this a standard offering for every gaming operator.”