1 / 8

„Soll an Haben“

„Soll an Haben“. WCHC Round 1 - Fraud. Sönke Erfkamp , Jonathan Bernwieser , Florian Ruppert , Moritz Pfeiffer. The Fraud. Master Data. Material. General Idea:

bowen
Download Presentation

„Soll an Haben“

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. „Soll an Haben“ WCHC Round 1 - Fraud SönkeErfkamp, Jonathan Bernwieser, FlorianRuppert, Moritz Pfeiffer

  2. The Fraud Master Data Material General Idea: Order a good at a higher price than normal by manipulating the purchase requisition. Use acomplice as Vendor to obtain the profit margin. Our example: The employee Albert Jackson (JACKSONA) uses his rights to order ten overprized fire trucks at his wifes company. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  3. The Fraud Master Data Material General Idea: Identification of uncommon material, which is currently only purchased internally (explains new vendor and new price). Our example: GTS-14001 (a very awesome fire truck) is selected as material. It normally costs around 110k Euro. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  4. The Fraud Master Data Material General Idea: Creation of new vendor, which is controlled by us or a complice. Our example: Jackson creates MEIERSOHN, a new vendor, who focuses on the production of awesome fire trucks. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  5. The Fraud Master Data Material General Idea: Create a new purchase requisition for selected material. Increase price compared to reference price in material master data. Our example: We order ten fire trucks for a price of 180k Euro per truck. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  6. The Fraud Master Data Material General Idea: Create a new purchase order based on created purchase requisition. Order the goods from the created vendor. Our example: Jackson orders the goods at Meier & Söhne for the higher price. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  7. The Fraud Master Data Material General Idea: No further action from fraudster required. These steps can be performed by any other employee. Our example: Peter Griffin (GRIFFENP) performs these steps of the P2P-Process. He is not involved in the fraud at all. Our partners at Meier & Söhne order the fire trucks at another company for a lower price (similar to the price that the trucks have normally according to our data) and collect the big margin. Vendor Purchase to Pay Process Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Outpayment "Soll an Haben" - WCHC Round 1

  8. What‘sthedamage? 10* (180.000- 115.300) = 687.000 Euro "Soll an Haben" - WCHC Round 1

More Related