Tool makes T&E fraud a breeze

Even though the majority of employees know not to lie about their T&E expenses, tools like this may make it too tempting for some.

Maloney & Porcelli, a swank and expensive New York city steakhouse, put together a Web site that creates fake expense reports for employees who, under normal circumstances, wouldn’t be able to get that 22-oz. filet approved.

How it works: The restaurant’s Web site lets patrons punch in the amount of their meal check and then it generates a series of receipts that add up to the total amount that the employees spent at Maloney & Porcelli.

The receipts (for made-up eateries and businesses like the Panini Experience and the Office Supply Hut) are then meant to be passed on employees’ bosses — without causing any suspicion.

Fourth Wall Restaurants President Michael Stillman, the company that owns Maloney & Porcelli, insists that the site’s aim is simply to make light of corporate thriftiness of late.

But according to a New York Post article, Stillman has already gotten a “couple irate e-mails and phone calls,” and he’s even acknowledged that some customers would probably use the site to get one over on their bosses.

Proven safeguard: To protect T&E fraud, some cautious managers perform random expense report audits on employees and go over every minute detail of an employees’ ER, as well as any backup material they have.