In the last installment in this series, we talked about the leg of the fraud triangle that we can control — opportunity. I also introduced you to the term “internal controls” and why it’s important to have them established in your company.
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Online Exclusive: Accounting Basics for Small Contractors — Fraud Schemes and Internal Controls
There are a few ways to forge a check. An employee submits fraudulent invoices whereby the company then pays out checks. The technician will pocket cash and tell the office the customer canceled the call when they got there.