HOSPITALITY PAYROLL FRAUD AND PREVENTION
HOSPITALITY PAYROLL FRAUD: Payroll Fraud is a form of asset misappropriation that involves the theft of cash through a company’s payroll processing system. Common payroll fraud schemes include: Most common payroll fraud and abuse: Ghost Employees – This involves the creation of a fake employee and/or reactivate a previously terminated employee in the company’s payroll system. Prevention internal control measures: * Require secondary management approval in the payroll system t