Employee expense fraud on the rise

From HRD, “A range of sophisticated methods are being used by employees worldwide to submit fraudulent expense claims, according to new research.

In fact, businesses may not be aware of the complex nature of expense fraud and how it is hitting their organisation.

The research found that more than half (58%) of Australian office workers surveyed agreed that if they are sensible with fraudulent claims they are unlikely to be challenged.

Mileage was the most commonly claimed back form of transport – as 42% of respondents admitted to increasing the number of miles they travelled – with many confessing to adding “just a few dollars for extra kilometres”.

It appears fraud has become further excusable by 35% of Australian respondents thinking that if they travel for work they deserve a treat on company expenses.

This is further supported by the 21% that confessed to treating themselves to a gift. The results indicate that an increasing amount of employees think that if they put the hours in they deserve something back.”

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