Sentences with phrase «of fake invoices»

«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.

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.

Not exact matches

Dummy Invoicing: According to Ron Berry, senior vice president of bureau affairs for the Council of Better Business Bureaus Inc. in Arlington, Virginia, fake invoices still rake in big bucks for scam artists.

In reports as early as March 2014, Daiwa outlined how fake export invoicing, metals purchases and disguised foreign investment had driven $ 1 trillion of hot money inflows.

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.

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.

He was convicted of pocketing $ 51,000 in public funds that he garnered through fake invoices and misappropriating $ 55,000 for nonprofit groups.

These invoices sometimes end up in my junk folder because of a email scam tactic that involves fake invoices and corrupt attachments.

Going after China on the facts would be like attacking their ideal society, a repressed, corrupt, draconian, fake, hollow, even deeper in debt, and addicted to creating an endless parade of major white elephant projects, and environmental destruction on an epic scale, where they send an invoice to a familly for the cost of the bullet they use to execute your protesting relatives.

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.

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.