Category Archives: Employee Fraud

A story of staggering proportions as the South Wales Guardian reports that a ‘trusted’ secretary stole almost £1 million from her employer over a four-year period.

Susan Jones – jailed for 45 months – stole £955,368 from CK Supermarkets’ accounts to help out her family’s farm after it ran into financial difficulties.

As reported on Mail Online, an employee took so much money from her employer that the firm went bust and six workers – including her brother – lost their jobs.

Natalie Akinola accessed the company’s system to take cash during a sunshine holiday to Ibiza and even stole wedding gift money which was meant to help pay staff wages.

Wales Online reports that an employee of the Co-op in Llandeilo stole more than £3,000 to help pay his bills and buy cannabis.

Daniel Gebbie voided customer transactions and pocketed the money himself, over a period of around 16 months.

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.