By Teeming and Lading?

Teeming and lading is a bookkeeping fraud also known as short banking, delayed accounting, and lapping. It involves the allocation of one customer's payment to another customer's account to make the books balance, often to hide a shortfall or theft.

What do u mean by teeming and lading?

Teeming and lading is a term that describes a practice whereby organisations attempt to hide a cash loss in one customer's account by moving in money from another customer's account. It is sometimes referred to as lapping, short banking, or delayed accounting.

What is teeming and lading example?

Take an example of the simplest form of " teeming and lading." On Monday the cashier receives and records a number of sums of money totalling[Ioo. He steals £5 of this amount. On Tuesday he is due to bank the [Ioo but he has only £95.