don't employer check their accounts from time to time?

A firm in Lancashire had a dependant tranfering money -regular invoices-on her own account as opposed to the firm account for 2 years.
Estimate of the loss for the firm £168,000!!!

Once upon a time thieves were ashamed of their actions, but nowadays they are not ashamed at all. She even invited the employer to the wedding (paid basically with his money).

 

Oh heard about this one! the employer even joked at the end of the wedding that they were going to have to go back to the offices on Monday and check the accounts!:WINK1:

 

The head of the Stonemasons, on a firm I used to work for, made up a ficticious stone company & approved payment along with all the other legitimate invoices on a big job in London. There was so much stone being used the company didn't notice an extra £90k.

We had wondered about the flash motorbikes he was riding.

His downfall was that he made up the invoices on the firms computer & someone found them, wondered what another firms invoices were doing there & investigated.

If he had done them on his own computer, he might have got away with it. Think he got a year in jail.

 

I have a friend in South Africa who was an accountant (the only accountant) for a law firm .... she worked there for several years and was told to 'manipulate the numbers' ...

so, she done what was told .... Tax inspectors got suspicious and done a thorough audit

result .... she got a 5 year jail sentence as she is a qualified accountant(she spent 2 years in jail and was released early) ....

Lawyers got off scott free and pretended to know nothing and accused her in court and stiched her up

I can however say that she was released from jail 2 months ago, and somehow have a feeling that she will be going back soon for 'grievious body harm' .... have known her since childhood and she is not someone to mess with ... had a chat with her a few days ago via email, and she is well cheesed off

it's sad, as I like her ... salt of the earth type person ... but somehow I think she is going to be in a lot of trouble

 

At one of my previous jobs, the PA to the director made herself a bob or too on the sly.

She was basically ordering foreign currency from a broker that the company used all the time for foreign business trips. Because she was PA to the director and the money broker had been told she was cleared, they would sell the money without question, which she would collect. Then she'd take take the foreign cash to ordinary change places and get it changed into proper money which she then banked in her own account.

No alarm bells were raised because the finance section that was obviously checking all the transactions just saw that the PA to the director had done it, and this wasn't unusual because she organised all the business travel for all the senior management team.

A couple of hundred grand later, she got caught in the most unlucky way possible. She had an exemplary record, with no sick leave for years or anything. One day she phoned in sick. On that fateful day the money broker called her at work to ask her how she wanted the cash. "What cash?" asked the manager who'd taken the call in her absence.

She didn't go to jail, but she had to pay the whole lot back, and had to sell her house to do it.

 

A work collegue diverted 93k to herself and 28k to her sister
Got caught and was sentenced to a wopping 1 year suspended sentence

Not a bad wage that 121k a year

Planning for my retirement :-)

Jack McH

 

You only hear about the ones who get caught makes you wonder what really goes on!