Frauds Related to Credit Cards

1. An employee has several credit cards. A customer makes purchases by cash. The employee pockets this cash, and swipes his own credit card.

2. There are few such transactions and he has a big pool of cash. He invests this cash over his credit card cycle to get returns.

3. The employer has to bear the cost of commission on the credit card payment.

Frauds Related to Discount Sales

1. An employee works at the cash counter. He has discretion to offer Rs 1000 discount on Rs 20000 purchase. Instead he offers just Rs 200 as discount.

2. He makes a bill of Rs 19800 in his hand under the pretext that the computer system is down. The carbon is adjusted in such a way that Rs 19800 does not appear on copies. Later the figure of Rs 1900 is entered on the copy.He pockets the remainder Rs 800.

Frauds Related to Friends

1. The employee works at the check out counter. His friend buys 30 packets of milk.

2. He scans just 20 packets and allows the remaining 10 packets unscanned and thus unbilled.

3. The customer pays for 20 packets though he receives 30 packets. The exit security is not able to detect such fraud.