PAYROLL FRAUD

Payroll Fraud

Payroll Fraud

Definition

One of the common types of fraud which has been on the verge of rising trend in the corporate world is Payroll fraud. It has become widespread now that staff are not reimbursed the identical salary each week (for instance staff and shift workers) and the salary disbursed is computed on a factor like quantity of products produced, sales volume or work hours. Common techniques employed to commit this fraud include boosting the quantity of hours worked and the kind of job done on logs, maneuvering time periods documented by a timer where transactions are employed and fake ...