Ghost Payroll

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Ghost Payroll

1. Persons on a list of employees who either do not exist or are not required to show up for work. Money paid to the ghost payroll is remitted to an organized crime syndicate. Ghost payrolls are used to make extortion schemes appear legitimate.

2. The money paid to the ghost payroll.
References in periodicals archive ?
The former consist of typical employee frauds, such as embezzlements, phony expenses and ghost payrolls.