text: what can i do if my employer is commiting fraud? i have a sample problem for my finance class in college.... if i am an accountant for a company and i know my boss is payiong employees "under the table", what do i do? i know that he must pay federal, state, medicare, and social security taxes.  but if i say something i will lose my job.  what alternatives do i have other than to quit?  this falls under fraud, but i find nothing in the textbook that references the laws violated or what options are available. you report what figures come across your desk.  the paying under the table is cash and will not show up on payroll records.  you do not know what is happening under the table because it is suppose to be secret.  the auditors will smell something fishy when they audit the books.  your job is to report the facts given you and that is all.