If gone undetected, ghost employee schemes can result in significant fraud due to the size and frequency of payroll transactions.(Photo: Shutterstock)

The risk of fraud happening in your business or organization is a scary thought. There seems to be a never-ending list of scams out there, but businesses should be aware of and focus on one culprit – the ghost employee.

Joe Dillon, CPA, CFE, is a principal in The Bonadio Group’s Strategic Advisory practice and is in Rochester, NY. 
 

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