Employee caught stealing and his boss ends up paying
When this business owner attempted to teach a fraudulent worker a lesson, he ended up learning a few things himself.
Here’s the background: A business owner in England found out one of his trusted employees wrote a company check to himself for £845 ($1,375.66 US) and then cashed it.
Enraged, the owner decided to practice a bit of street justice. So he placed a sign — which read “Thief. I stole £845. Am On My Way To Police Station — around the thieving staffer’s neck and marched him through town before eventually handing him over to the police.
But the police let the thief off with just a warning, and then he sued his boss for humiliation, false imprisonment and lost wages. In the end, the business owner was forced to settle the lawsuit for £13,000 ($21,164).
Lesson learned: Justice is better left to the professionals.
- Share on
Free Training & Resources
Further Reading
Client companies thought they were outsourcing payroll and HR compliance to a vendor. But the tax exposure never really left their books. ...
The Federal Trade Commission (FTC) just widened its crackdown of so-called junk fees that mislead the buying public. A proposed rule would ...
Several investment advisers and dealer-brokers are paying a whopping $79 million in fines because they couldn’t produce records of el...
A beneficial ownership reporting rule that takes effect January 1, 2024 may add another critical item to your compliance to-do list. An ...
Publicly traded companies that offer stock options may want to touch base with their tax accountants. That’s because the IRS is l...
“It’s not right, but it is a reality. … You don’t get a lot of budget attached to (vendor setup and maintenance tra...
