Rick Roybal, CFE
Rick Roybal, CFE, is senior vendor auditor at Matador Resources, where he ensures compliance with the company’s accounting policies and procedures, as well as the accuracy and validity of its billing process. Contact him at Rick.tamu@gmail.com.
Keys to the kingdom: Oilfield fraud
Jerry thought he had it made in the shade. As he began his company maintaining oil rigs and equipment, he'd found ways – the keys to the kingdom – to fraudulently bill his former employer as a contractor. He knew how to thoroughly exploit the system he'd helped devise. Learn lessons from this fictionalized version of an actual $2 million fraud case.
Written By: Rick Roybal, CFE
Billing fraud — a bird’s-eye view
Billing fraud may not capture all the big headlines, but it’s pervasive, hard to detect and has been growing since the outbreak of the COVID-19 pandemic. Here are some recent case studies and a bird’s-eye view of how and why this type of fraud thrives.
Written By: Rick Roybal, CFE
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