Results for tag: "Payroll Fraud"

Payroll fraud is a type of white-collar crime that involves the misappropriation of funds from an employer's payroll. It can take many forms, including the falsification of time sheets, the misappropriation of funds, and the misclassification of employees as independent contractors. It is a serious legal issue, as it can lead to significant financial losses for employers and employees alike. Payroll fraud is often perpetrated by employees, but can also be committed by third-party vendors or other outside parties. It is important for employers to have strong internal controls in place to prevent and detect payroll fraud. This includes conducting regular audits, implementing policies and procedures to ensure accurate payroll records, and training employees on proper payroll practices. Companies in the payroll fraud market include ADP, Paychex, Intuit, Gusto, and Zenefits. Show Less Read more