The Lounge Board

Joined: 11/05/2005 Posts: 21888
Likes: 10764

What's this?

Well.....

I am a product guy, and I have made many products in financial services. I am a combo banker and tech guy. Many of you have come into contact with something I have created over the years. Most of my work has been in payments and lending.

I am currently working on a new company idea in the fraud space. I have been peripherally involved with fraud forever, but never really focused on it. Myself and some partners are working on something and I wanted a bunch of examples to see if our product idea would solve numerous use cases. You guys gave me a lot of great examples. Seems like the falsification of expenses is the most common one.

I love what I do. I come up with these products and after a ton of work, they come to life and take on a life of their own. This fraud area is full of all kinds of interesting angles.

(In response to this post by Nova Hokie 95)

Posted: 01/22/2019 at 7:59PM

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

Looking for examples of fraud -- MrBayAreaHokie 01/22/2019 3:44PM

Admin assistant double-reimbursed herself for a bunch of expenses -- BigDave 01/23/2019 3:13PM

The Stock Market. ** -- soldcokesatLane 01/23/2019 12:22PM

Henry Co., VA -- LaneRat 01/23/2019 12:02PM

That is an epic story...thank you ** -- MrBayAreaHokie 01/23/2019 12:32PM

Automatic check signatures -- hokiewasp 01/23/2019 12:49AM

Here is a bank service you can develop & market... -- BusLoadaBozos 01/22/2019 10:24PM

Man, i tell you -- MrBayAreaHokie 01/23/2019 12:32PM

This was a classic fraud scheme that happened in VB. Guy was a pretty -- No Clue 01/22/2019 9:27PM

Abandoned property/escheatment due diligence fraud... -- BusLoadaBozos 01/22/2019 8:27PM

Awesome ** -- MrBayAreaHokie 01/22/2019 8:31PM

Travel expense report fraud... -- 81_Hokie 01/22/2019 7:23PM

Wow. Awesome boss you had there. ** -- Tafkam Hokie 01/22/2019 8:05PM

Booking expenses to prepaid accts to make monthly targets -- bigbadbird 01/22/2019 6:58PM

Thanks everyone, lots of great ones in there..... -- MrBayAreaHokie 01/22/2019 6:33PM

So how exactly are you using these for your work? ** -- Nova Hokie 95 01/22/2019 6:37PM

To commit fraud. ** -- HokieGator 01/22/2019 9:59PM

Well..... -- MrBayAreaHokie 01/22/2019 7:59PM

Knew a guy (call him Bill) that worked for a flooring distributor as a -- Tuckahokie 01/22/2019 5:37PM

That is nuts, was there not an invoice to credit it against? ** -- MrBayAreaHokie 01/22/2019 5:59PM

Back in high school. worked at McDonald's in the drive through -- Nova Hokie 95 01/22/2019 5:11PM

I was in an airport recently and wanted to get two bottles of water -- BigDave 01/23/2019 3:24PM

People suck. ** -- Nova Hokie 95 01/23/2019 3:37PM

Stealing from people at Schnackie D's....a new low ** -- MrBayAreaHokie 01/22/2019 5:13PM

He couldn't understand how I caught him either -- just couldn't do the math -- Nova Hokie 95 01/22/2019 5:19PM

Used to know someone who worked in the Commonwealth Attorney's office -- Tafkam Hokie 01/22/2019 8:09PM

Had an embezzlement situation and lady wasn’t smart enough to change -- DonHo-kieHi 01/22/2019 5:03PM

Dang...dumped gas!! Incredible. ** -- MrBayAreaHokie 01/22/2019 5:04PM

Two examples.... -- The Bear 01/22/2019 4:57PM

Language on a purchase order -- turkeywinghokie 01/22/2019 4:55PM

Shoot me an email, please. -- CPRVHokie 01/22/2019 6:28PM

That is a freaking great example -- MrBayAreaHokie 01/22/2019 5:14PM

Expense report fraud - guy expensed a bunch of new equipment / parts for -- VermontHokie 01/22/2019 4:51PM

Senior employee forged client signature & forced secretary to forge wife's -- VaAkita 01/22/2019 4:33PM

How is that irony? ** -- Nova Hokie 95 01/22/2019 4:40PM

True... Irony would be if the job he was fired from was with the -- HokieSignGuy 01/22/2019 4:52PM

Know of a situation where a project manager submitted paperwork for a phony -- Hokie CPA 01/22/2019 4:19PM

Employees with company vehicles. Only supposed to drive for work, during -- Stork 01/22/2019 4:19PM

One position at my last job was cursed -- Nova Hokie 95 01/22/2019 4:14PM

Let me tell you about that investigator -- MrBayAreaHokie 01/22/2019 6:32PM

"She had doubled her salary, so we removed her salary." LOL ** -- MrBayAreaHokie 01/22/2019 5:09PM

They fixed the glitch. ** -- Hokie CPA 01/22/2019 5:13PM

Employee submitting meal receipt with a coworker listed as the second -- RoswellGAHokie 01/22/2019 4:13PM

I once heard... -- hokiefann00 01/22/2019 4:04PM

Not my workplace but I would start with the UNC ** -- RoanokieHokie04 01/22/2019 3:51PM

See Better Call Saul ** -- WestyHokie 01/22/2019 3:48PM

VT has had a few guys masquerade as basketball coaches in years past. ** -- Chris Coleman

01/22/2019 3:47PM

Postmaster near my WV hometown was embezzling in the late 90's -- GoobyPls 01/22/2019 7:35PM

And one as an offensive coordinator! ** -- NokieHokie 01/22/2019 3:55PM

Don't forgot that guy who pretended to coach OL for a six-figure salary. -- Hokie CPA 01/22/2019 4:23PM

Stiney was bad before Newsome got here too. Remember how we never had an -- NokieHokie 01/22/2019 4:36PM

Stiney is a good guy and a good coach. -- Hokie CPA 01/22/2019 5:06PM

Quite surprised you didn't say Head Coach. -- Stork 01/22/2019 4:20PM

I didn't say that because I don't believe that. ** -- NokieHokie 01/22/2019 4:40PM

And thanks to you and Chris for bringing it to The Lounge -- Stork 01/22/2019 4:42PM

I have no shtick. But I'll refrain from posting anymore in this thread, ** -- NokieHokie 01/22/2019 4:44PM

Well.....

Insert a Link

Tech Sideline is Presented By:

Our Sponsors