Fraud Schemes
This type of fraud involves using a made-up company to steal funds.
What is fictitious vendor fraud.
How were three vendors and accounts at local banks determined to be controlled by the AVP:
What is reviewed endorsements on cancelled checks.
What was the AVP’s salary?
What is $35,000.
This type of fraud involves altering an invoice of a true vendor and submitting it to Accounts Payable to steal funds.
What is abuse of a legitimate vendor.
This process takes addresses and turns them into their geographic coordinates to determine the proximity of the subject addresses.
What is geocoding
What was the AVPs wife’s actual occupation?
What is cocktail waitress
What was the name of the fictitious vendor the AVP created?
What is The Penrose Group, LLC; The PG, LLC or TPG, LLC.
How was it determined that the AVPs degrees may not be legitimate?
What is same individual had signed on diplomas from two different universities.
How many employee addresses matched correctional facilities or rehab houses?
What is 9.
Through what fraud scheme did the AVP steal the most money?
What is intercepted payments to unemployment agencies.
How was it determined that the AVP had taught a colleague how to perpetrate tuition fraud?
What is computer forensics.
How did the AVP convince the head AP Clerk to violate company policies?
What is flirted with her.
How much money did the AVP steal in total?
What is $1,119,000.
How were the employee and vendor files analyzed for red flags?
What is data mining or data analytics.
What names does Shauna pay attention to when reviewing emails
What are family members’ and pets’ names.