Fake Bank Accounts and the Appalachian Trail
Some fraudsters funnel money into fake bank accounts. Today, I show you how one controller did so and walked…
Three Receipt Fraud Tests
Today I provide three receipt-fraud tests for auditors. The audit standards require that we introduce elements of unpredictability. Additionally,…
College Theft of Funds: Official Steals $4.1 Million
College theft happens more than we think. After all, aren’t these guardians tasked with looking after our children? Even in…
Nonprofit Fraud: Selling Donated Goods
Nonprofit fraud is real. Hard to believe? Yes. But it happens. Sometimes nonprofit embezzlers sell donated goods. Today, we…
Cash Receipts Theft: Supervisor Steals
In this article, I discuss cash receipts theft and how you can lessen this threat. Sometimes the person you…
Receipt Fraud: Would Andy Griffith Steal?
In this article we take a look at receipt fraud. Would Andy Griffith steal? Maybe not. But other law…
Stealing Unaccrued Receivable Checks is Easy
Stealing Unaccrued Receivable Checks Some fraudsters steal unaccrued receivable checks and convert them to cash. In this article, I…
Splitting Payments to Circumvent Approval Requirements
Some fraudsters split payments to circumvent approval requirements. In this article, I show you how this type of theft…
How Employees Steal with Company Credit Cards
Some people wonder Is using a company credit card for personal use embezzlement? It can be. Employees sometimes steal with company…