Vendor theft fraud is a type of fraud that occurs when an employee or vendor uses their access to a company's resources to steal merchandise, money, or other assets. This type of fraud is often committed by employees who have access to company materials, such as those in the warehouse or purchasing departments. It can also be committed by vendors who have access to a company's funds or other assets. Examples of vendor theft fraud include stealing from inventory, billing for services that were never provided, skimming cash from sales, and manipulating vendor accounts.