Fraud Risk Scheme:
A salesperson or point of sale conducts undeclared or underreported sales to divert bonuses. Customers pay normally, but the commission or actual revenue does not appear in official accounts, generating a financial benefit for the agent or an internal accomplice.
Detection:
Identification of suspicious discrepancies between actual activity and official reports.
Gaps between reported sales and consumed inventory.
Transactions frequently canceled or modified abnormally, especially after period-end or financial closing.
Prevention:
Real-time connected point-of-sale system to track sales and payments instantly.
Sequential receipt numbering to prevent omissions or falsifications.
Random audits or mystery shopping to verify sales compliance and staff honesty.
Share your feedback:
What tools, techniques, and processes are used in your organization to detect and prevent such fraud schemes?
