Fraud Within Finance Departments On The Rise, Survey Finds

Posted by By Viora at 15 May, at 15 : 19 PM Print

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ORLANDO, Florida (Barbara Liston) ? ?Back office? fraud is draining corporate treasuries of billions of dollars a year, and the risk is growing as companies and employees struggle in the wake of the recession, finance managers and experts say. Fraud schemes in company finance departments include the creation of fake vendors, billings for nonexistent goods, checks written to dummy companies and kickbacks from vendors. Read More?

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Fraud Within Finance Departments On The Rise, Survey Finds

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Source: http://imnotarappa.tv/2011/05/fraud-within-finance-departments-on-the-rise-survey-finds/

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