Lapping

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August 31, 2024 4 min read Definitions
Teeming and Lading: An Overview of a Fraudulent Accounting Practice
Accounting Finance Fraud Teeming and Lading Lapping Accounting Fraud Embezzlement Fraud Detection
Teeming and lading, often referred to as lapping, is a form of accounting fraud where receipts of cash are misappropriated by temporarily crediting it to another account, thereby disguising the theft.
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