As the manager of a local auto-parts store, Manny Ortega was responsible for reimbursing employees when they purchased supplies for the store with their own money. When employees brought Ortega their receipts for reimbursement, he would often alter the receipts to show a larger amount. Then he would ring a "no sale" on the cash register, remove the full amount per the altered receipt, and pocket the excess. Because the employee received the expected amount and the register totals remained in balance, Ortega was able to continue this scheme for nearly 2 years before being caught. What type of fraud did Ortega commit?
A) Overstated expense reimbursement scheme
B) Mischaracterized expense reimbursement scheme
C) Register disbursement scheme
D) None of the above

Question

Quizplus · Accepted Answer

Ortega committed an overstated expense reimbursement scheme by altering receipts to show a larger amount than what the employee actually paid and pocketing the excess.

As the Manager of a Local Auto-Parts Store, Manny Ortega