Category Archives: Employee Fraud

A blog post on the BusinessZone website reports that the biggest single reason for the failure of a new business is employee theft.

A Global Fraud Study in America showed that 30% of all business failures are caused by employee theft, with the median loss for a single occupational fraud incident calculated as $145,000.

As reported in The Telegraph, a personal assistant stole £44,000 from her employer which she used to buy extravagant gifts for her boyfriend.

Emily Watson used three company credit cards to buy him an XBox, designer clothes, a personalised number plate and flights for city breaks across Europe.

A claims manager has been sentenced to five years jail after he masterminded the theft of more than £1.8m from his employers.

Martin Turner doctored insurance claims emails, making direct payments for personal items and services including house renovations, luxury cars and to clear an existing mortgage.

As reported on the Lincolnshire Live website, a charity treasurer has been jailed after she swindled £24,500 from her employer – Cleethorpes Rescue Service – forcing it to close.

Roxanna Bridgeland, stole money and stock over five years, made false claims for Gift Aid and even sold a £13,000 life boat on eBay.

As reported on Kent Online, a valued member of an Ashford family firm betrayed their trust and secretly pocketed £100,000.

Donna Hartshorne – jailed for 18 months – was off work with neck and back problems when her bosses discovered she had set up three private accounts.

The Sun reports that a besotted account manager stole more than half a million pounds from her employer to give to an American serviceman that she had met online.

Pam Wareing, stole cash from a client’s account at her employer of 20 years – Eashams solicitors in Blackpool – tranferring it to a bank in Dubai over a 46-day period.