In reaction to an anonymous phone call stating, “a vendor scheme is costing your company millions of dollars”, an investigation of all Cardinal Wholesalers’ vendors was initiated. Based on the following evidence, the vendor Tri-State Trucking was identified as a shell company. Tri-State Trucking was owned by Bill Carter, a former employee and Mike Smith, a current employee who took over Bill Carter’s position. The amount paid by Cardinal Wholesalers to Tri-State Trucking during the period of January 8, 2002 through December 30, 2006 totaled $1,758,000. This amount represents the fraud loss suffered as a result of a fictitious vendor scheme.
Evidence
The following evidence was acquired through vendor lists, invoices, bank statements, copies of cancelled checks and a summary of payments.
 Tri-State Trucking listed a PO Box as the address
 Invoice numbers suggested Cardinal Wholesalers was there only client
 Vague description of goods or services received......

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Title: Identity Theft
Approximate Word Count: 342
Approximate Pages: 2 (250 words per double-spaced page)

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