Sentences with phrase «fake invoices»
"Fake invoices" refers to invoices or bills that are intentionally falsified or fabricated. They are created to deceive and trick businesses or individuals into making payments for goods or services that were never actually provided. It is a form of fraud or scam where someone tries to get money through dishonest means. Full definition
These invoices sometimes end up in my junk folder because of a email scam tactic that involves fake invoices and corrupt attachments.
oliviawyles.com
«Invoice phishing», a term for when a scammer sends hundreds of fake invoices with the intention that one slips through the cracks and accidentally gets paid by over-worked finance teams, has proven both costly and effective.
Ghana loses a whopping US$ 15 billion annually at the ports of entry through fake invoicing, under - declaration, under - valuation, warehouse fraud and misdescription of imported goods.
Dr. Haldar also says he did not direct his staff to create fake invoices: «Their legitimacy is evidenced by the fact that similar invoices were created by my staff on a regular basis over the last several years, and that this process was accepted by finance at SUNY Poly and the SUNY Poly Foundation.»
Smith, Savage and David Gantt — a purported charity consultant who allegedly submitted fake invoices for the workshops never conducted — were charged in December for what authorities call the underlying scam.
The short version of the case is that a former assistant Vice-President at York is accused of participating in what the Star calls a «phony invoice scheme», where York alleges it paid fake invoices, with some of the money being pocketed by the former assistant VP.
The ABA Journal picked up Mr. Ambrogi's scoop and reported «Subscribers will get fake invoices, fake lawyer business cards, access to «assorted official - looking legal documents,» and one demand letter every six months, «customized to whatever it is you want to demand.
A revenue intelligence agency has found that some 16 insurance companies engaged in motor - vehicle insurance have been wrongly availing of cenvat credit worth around Rs 2,500 crore by producing fake invoices.
Meanwhile, York is the plaintiff in a $ 3 - million civil suit against two former managers whom it alleges defrauded the university of more than $ 1.2 million through a complex web of fake invoices, transactions, and kickbacks whereby York paid for services that weren't performed.
He was convicted of pocketing $ 51,000 in public funds that he garnered through fake invoices and misappropriating $ 55,000 for nonprofit groups.
It is also vulnerable to fake invoices, there are organised crime groups which are specialized in taking money from government because of fake invoices - because VAT works so, that if you have paid to you contrahents more as you are about to pay, the government pays you back the difference.
Melvin Lowe, 53, scammed the money out of the DSCC in 2010 by getting a printing vendor to send the committee a fake invoice and then forward $ 75,000 of the cash to himself.