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]
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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]
{{
cite web}}
: CS1 maint: numeric names: authors list (
link)