{"version":"1.0","provider_name":"IRM India Affiliate","provider_url":"https:\/\/www.theirmindia.org\/blog","author_name":"admin","author_url":"https:\/\/www.theirmindia.org\/blog\/author\/admin\/","title":"Fraud Patterns and Red Flags for Identification - IRM India Affiliate","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"WfuPVQTfLk\"><a href=\"https:\/\/www.theirmindia.org\/blog\/fraud-patterns-and-red-flags-for-identification\/\">Fraud Patterns and Red Flags for Identification<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.theirmindia.org\/blog\/fraud-patterns-and-red-flags-for-identification\/embed\/#?secret=WfuPVQTfLk\" width=\"600\" height=\"338\" title=\"&#8220;Fraud Patterns and Red Flags for Identification&#8221; &#8212; IRM India Affiliate\" data-secret=\"WfuPVQTfLk\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/www.theirmindia.org\/blog\/wp-content\/uploads\/2021\/11\/ACFEinsights_header_background.jpg","thumbnail_width":1124,"thumbnail_height":206,"description":"Fig. 1 Identifying fraud patterns Within asset misappropriation, differentiation is typically made between the misappropriation of cash and the misappropriation of inventory and other assets. Some examples of asset misappropriations include skimming revenues, stealing inventory, and payroll fraud. In cash misappropriation, billing schemes are targeted activities within the purchase-to-pay process. There are three different billing schemes: shell companies, non-accomplice vendors, and personal purchases. Let us have a brief look at these- Shell Companies: Shell company is a fictitious entity without active business activities or significant assets. This is not necessarily illegal, but it is assumed that the shell company was [&hellip;]"}