Rounding fraud
Jump to navigation
Jump to search
Rounding fraud is a type of financial fraud using round numbers. It is frequently caught by the over usage of certain statistically improbable number patterns.[1] A notable example of rounding fraud was committed by the India-based company Satyam Computer Services which was detected in 2019,[2] and it is typical in the context of Medicare fraud at Skilled Nursing Facilities (SNFs).[3] It is also an element in microtransaction scams involving credit cards and front companies.[4][5][6]
References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
 | This crime-related article is a stub. You can help Wikipedia by expanding it. |