Corruption-
-Conflict of interest, purchase schemes, sales schemes
-Bribery, invoice kickbacks, bid rigging, illegal gratuities, economic extortion
Asset Misappropriation
-Cash, fraudulent disbursements, expenses reimbursement schemes, fictitious expenses
-Larceny, lapping, fabricate records,
-Skimming, check tampering, forged maker, false voids, false refunds
-Payroll schemes, ghost employees, co
mmission schemes, workers compensation, falsified wages
-Billing schemes, shell company, personal purchasing, expense reimbursements, unrecorded sales or understated.
-Segregation of duties
-Inventory, false sales & shipping
Fraudulent financial statements
-Asset and Revenue overstatements, timing difference, fictitious revenues, concealed liabilities and expenses, improper asset valuations
Financial statement fraud
-Overstate or understate accounts receivable. Internal Controls
Weakness in internal controls, best practices,
Initiate, authorize, record, report
Financial Institution Fraud
-False account entries, Unauthorized withdrawals, theft of physical property, unauthorized, unrecorded cash payments, paying personal expenses from company’s funds, loan fraud,
-real estate fraud, mortgage, land flips, stolen checks, false identification
-Check and credit card fraud-paperhangers, check kiting, travelers checks, payroll check fraud, dumpster diving, skimming, probing,
Insurance Fraud
Health care fraud
Tax Fraud
Securities fraud
Money laundering
Consumer fraud
Computer and internet fraud
Partnership/ownership disputes
Marital dissolutions
Asset tracing
