Ghosts on the Payroll
Posted Tue, January 19, 2010 — Posted by Paragon
This term refers to someone on the payroll who doesn’t actually work for the victim company. The ghost frequently is a recently departed employee, a made-up person a friend or relative of the fraudster, who can cash the paycheck by forging the endorsement or by having an accomplice deposit the proceeds into his or her bank account. Most ghost-employee frauds originate with payroll personnel. Download the Powerpoint presentation on this subject.. here
