Thursday, October 1, 2009

Fraud.

Removal of funds or assets from a business:
Theft of cash
Theft of inventory
Payroll fraud
Teeming and lading
Fictitious customers
Collusion with customers
Bogus supply of goods or services
Paying for goods not received
Meeting budgets/target performance measures
Manipulation of bank reconciliation and cash books
Misuse of pension funds or other assets
Disposal of assets to employees

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