You are viewing a single comment's thread from:

RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

Part 5/10:

In a slightly more complex fraud scheme, some employees create "ghost inventory." This involves claiming to purchase nonexistent cars and accepting checks for them, only to never actually acquire the vehicles. Such schemes often go unnoticed due to the substantial volume of transactions a dealership processes daily. This practice not only leads to financial losses but also tarnishes the dealership’s reputation when uncovered.

Customer-Related Fraud: Fake Documentation