Employees Use AI to Generate Fake Expense Receipts as Business Fraud Surges 14% in Three Months

Employees exploit AI tools like GPT-4o to create sophisticated fake expense receipts, driving business fraud up 14% in three months as companies scramble to deploy detection systems against forgeries so realistic that human reviewers cannot identify them.

• Businesses face increasing fraud as employees use AI image generators like OpenAI's GPT-4o to create fake expense receipts, with AppZen reporting AI-generated receipts account for 14% of fraud attempts in September compared to none last year
• Expense management platforms report over $1 million in fraudulent invoices flagged within 90 days, with 30% of US and UK financial professionals observing a rise in falsified receipts since GPT-4o's launch
• Companies deploy AI detection systems to combat the realistic fake receipts by scanning metadata and contextual information, as human reviewers struggle to identify sophisticated forgeries that include realistic details like paper wrinkles and accurate menu itemization