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Journal of Undergraduate Research

Keywords

computer-aided, fraud detection, embezzle, accounts payable

College

Marriott School of Management

Department

Information Systems

Abstract

“Albert Miano, a manger at Reader’s Digest responsible for processing bills from painters and carpenters, embezzled $1 million over a 5-year period. Miano forged the signatures of a superior on an invoice for services never performed and submitted it to accounts payable. He forged the endorsement on the painter’s account and deposited it in his own account. ” How did this fraudulent activity go undetected for so long?

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