2011, Accounting and Deposits - Financial Ops World

What is ACH Fraud and How to Combat It

MineralTree

FEBRUARY 16, 2023

As an example, a fraudster may impersonate a vendor — often through BEC or account takeover — and contact the AP team to update payment information to a fraudulent account. The Accounts Payable (AP) team is the most susceptible department in terms of this attack, with 58% of those surveyed noting their AP teams were compromised.

AP Accounts Payable Accounts Payable Data Entry

Tax Fraud Blotter: No solution

Accounting Today

JULY 3, 2025

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. She and her co-conspirator deposited a second fraudulently obtained $1 million refund check from the IRS, payable to the co-conspirator. All rights reserved.

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Tax Deposits Corporation Tax Auditing

Financial Ops World

What is ACH Fraud and How to Combat It

Tax Fraud Blotter: No solution

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