October 31, 2025 | In the News
Sounding the Alarm on AI-Faked Expenses
The Financial Times warned readers about the rise of fraudsters using AI to falsify expense receipts at companies in an opinion piece from the publication’s editorial board.
The piece cited findings from Wakefield Research and SAP Concur’s annual Global Business Travel Survey for 2025 about the use of artificial intelligence to create fake travel-expense receipts. For 67% of Chief Financial Officers, employees falsifying travel expense receipts with AI is something they believe is likely to be happening at their company. Another 9% of CFOs are certain it’s happening.
The report included data from surveys conducted with 3,750 business travelers across 24 international markets, 700 travel managers in seven markets, and 600 CFOs in six markets.
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