Accounting Insights
Turning Numbers Blog

By Turning Numbers Forensic Accounting
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July 22, 2025
Payroll fraud is a deceptive practice where individuals manipulate payroll systems to steal money from a business. It is one of the most common types of occupational fraud, costing companies billions of dollars annually. Payroll fraud can occur in businesses of all sizes, but small and medium-sized enterprises are particularly vulnerable due to limited resources for oversight and fraud prevention.