Nashwa Credits-Nefret created 28 fictitious credit memos totaling $363,000 from Nashwa Distributions, the main supplier of health and beauty aids to Nefret. Nefret’s controller initially told the auditor that the credits were for returned goods, then said they were a volume discount, and finally stated that they were a payment so that Nefret would continue to use Nefret would continue to use Neshwa as a supplier.