How can I identify business fraud?

How can I identify business fraud?

Identifying business fraud involves looking for unusual patterns in financial transactions, discrepancies in records, and signs of manipulation. What specific area are you concerned about?

I'm worried about potential invoice fraud. What should I look for?

For invoice fraud, check for discrepancies in vendor details, unusual payment terms, and invoices that lack proper documentation. Have you noticed any specific red flags?

Yes, I found an invoice with a different address than the vendor's registered one.

That's a significant red flag. It could indicate that the invoice is fraudulent. It's essential to verify the vendor's details directly. Would you like tips on how to conduct that verification?