Fuel Card Fraud Is On the Increase
Since 2016, there has been an ongoing uptick in fuel card fraud. In light of this, it is important for companies to develop a fraud prevention strategy addressing misuse, slippage, and outright fraud, which are defined as: Misuse: This is when employees use company resources for personal gain, such as fueling a personal vehicle or filling a friend or family member’s vehicle. Slippage: This is when an employee uses company dollars to purchase non-fuel items, such as food and d