Question

How do pay-and-return schemes work?

Answer 1

Page No Date In a hay and return Scheme an employee of a company makes onereol ment to the vendor a dinst the vendor any dice and then the employee generates the refund w of overpayment to the vendol but does not return it to the company but pockets the reg und amount ung eve The various ways of Pay and roturn Schemes are a Intentional double payment of Invoice by the empldyce and subsequently asking return or refund is one of the cheques from the vendor and then hat depositing into the company's account ! The second technique is to make Payment of Invoice to awrang vendar and then

Page No: Date. ask you rehun of payment and then submilling i into Employees personal account The att other way is to make onespayment to the the vendor and then asking for refund of one payed and count and then not returning of the cover payed amount to the company og var , D 2 tist