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
White Papers
Provided by Anaplan
White Papers
Provided by Anaplan
Further Reading
The IRS is sounding the alarm about the top 12 – aka the “dirty dozen” – tax scams that are tripping up businesses,...
Cybercriminals who are out to steal your company’s money are getting smarter. Even a password that uses a capital letter, at least one nu...
Crooks have more tactics for committing payment fraud at their disposal than you think. For example, these are just the different types ...
You can’t be too careful out there! Fraud is a risk in every area of finance — even the auditor hired to analyze data and file ...
The Securities and Exchange Commission (SEC) under President Biden continues to make an example of companies and individuals that don’...
Because your A/P staff is so good at keeping important bills paid, it unfortunately makes them a prime target for payment fraud email campa...
