Accounts Receivable Fraud

Internal fraud can come in all sizes. It can range from an employee shaving a few dollars off the top of incoming deposits (and pocketing the cash) to multi-million-dollar schemes intended to defraud a large corporate entity. Fraud can strike any company, regardless of size or restrictions set in place. It can be perpetrated by a high-school-educated sales rep to a long-tenured CEO with an MBA. All that is needed is an employee with a motive and an opportunity. Small businesses in the U.S.…