Title: Government Credit Card Abuse / Comment: Someone could better benefit from this essay by adding citations. I wrote this based on personal knowledge on the job.

g overning body Credit Card Abuse

The Army has recognized a long-standing requisite to consolidate into a single document, existing guidance and insurance covering the use and management of the Government Visa bribe card. The purpose of establishing this program was for reducing administrative costs and former(a) burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase card was adopted to sub the paper-based, time-consuming purchase order process, thereby eliminating procurement lead-time, providing consummation cost savings, reducing procurement office workload, and facilitating payment. Given the fast growth of Visa card use, ensuring that key controls are in place over the program is critical to protecting the administration from fraud, waste, and handle.

Employees are to use the purchase card to pay for permit government purchases, subject to an established transaction amount, billing calendar method of birth control amount, and merchant code limitations. An authorized purchase is defined as a purchase that satisfies a bona fide requirement at a fair and reasonable price. Employees are entrusted with the acquisition of Government billet and are responsible for its proper custody, safekeeping, and accountability. Yet, there has been reported abuse of these credit cards by many employees.

An important element to consider is that fraud is normally committed by or with the help of Government employees.



in that location have been instances of employees creating or act in the ownership of outside businesses for the purpose of committing fraud or abuse of the card through their ability to make buys with the card. There were five cases of fraud, which totaled over $660,000 of numerous purchases, made over a period of several months to more than two years. Items that were purchased for individualised use in these cases included home improvement items from The substructure Depot, numerous items from Wal-Mart, laptop computers, Palm...

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