Our company categorize frauds in China based on their seriousness such as “Small”, “Medium”, “Large” and adapt our fraud investigation measures respectively. If necessary, we also seek outside professionals.
CASEFraud Investigation
◆ Small:
Business trip, entertainment reimbursement fraud (fake business trip and entertainment events) and spending company money for personal benefits (personal mobile phone billing claim and transportation fare and meal for personal use)
◆ Medium:
Off-book funds, receipt of back margin from suppliers, bogus purchase of consumables and office supplies
◆ Large:
Embezzlement of company funds by financial staffs, bogus sales to non-existence customers, conducting transaction with bad credit history customers, inappropriate transactions between company executives and their relatives
