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Identify Red Flags for Hotel Fraud

December 29, 2020

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Pride, greed, lust, envy, gluttony, wrath and sloth are commonly referred to as “The Seven Deadly Sins”.

In the world of forensic accounting there is a somewhat similar collection of cautioning indicators called Red Flags.

Unfortunately for us, the Red Flag list is not limited to seven “sins”. As you can imagine, for every hotel’s control environment and operating structure the opportunities for Red Flags to emerge can be fluid, especially in the COVID-19 era we are operating.

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