Fraud

Payroll Fraud

by Arnold Shields 6 November 2009

The payroll is the largest expense area for many organisations, and one which should be controlled carefully. Nevertheless, payroll fraud accounts for 17% of all fraudulent disbursements suffered by organisations. There are three main types of payroll fraud – Ghost Employees, Overcompensation, and Bonus and Commission Schemes.

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Case Study 2: Fraud

by Arnold Shields 21 July 2009

It was expected that the fraud was relatively small. Over the course of the investigation, it was found that the fraud had been going on for a number of years.

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