Lapping (fraud scheme)

[@sameehakhan9215]

Loved the explanation. Short and to the point. It has covered everything. Definition, example and how to prevent! Good job!

[@wagneura1]

Excelent explanation! Direct and simple. Thank you

[@jeanacatangal736]

One dislike is from someone who didn't understand simple discussion 😂

[@xberso1775]

Excellently discussed. Loved it.

[@Edspira]

Much appreciated!

[@ariah5093]

Thank you! Love your channel!

[@michaelhidayat5636]

Good

[@leshiaweekes-hart1066]

Like computers being used on the job.Jobbit,certain accounts being used on the job that pays for the employees merchandise s,they also changes emails repeatedly at the work place.

[@AuditingSchoolAhmedMostafa]

what do you use to record these videos? is it a software?

[@awsomo53]

So this is check kiting except with A/R

[@leshiaweekes-hart1066]

Some get gretty on the job,then start getting brieves from boss's where they would have to start being on the job when ever their called,and even on the days off.Then even claiming others for tax purposes for years ,and the job finds out about then uses that and starts brieving the employee for many years. Then their all in deep.With more ways they start making money.All on the job

[@Vistafy]

thank you, but how could you apply only 8K to an account with a 10K check?? Like, you can't split a check when making a deposit, it has the be the amount written on the check (2:06)

[@pitiful27]

this is my confusion as well

[@leshiaweekes-hart1066]

This is exactly like ponzi scheme

[@Nobody-eu5qn]

Feels like a Ponzi scheme

[@counterleo]

Ponzi is multilevel

[@markslesarev5024]

Thank you, now I know how to no get caught! JK