There’s a good Journal of Accountancy article exploring the ING accounts payable fraud that resulted in an $8 million loss. It describes the scheme and how it started—directly from perpetrator Nathan Mueller. It’s a fascinating read, and I recommend studying the case and implementing some of author Mark Nigrini’s suggestions.
- Fictitious Vendor Key to Alleged Embezzlement
- DOJ Declines to Bring Enforcement Actions Against Two Companies in FCPA Matters