Category Archives: Employee Fraud

BBC News reports that a charity’s accountant has been jailed for stealing more than £2.5m from his employer, Morris Cerullo World Evangelism.

Stephen Ashton falsified invoices and accounts and used the money he stole to pay for his lover’s mortgage and luxury holidays.

The Sentinel reports that fraudster Andrew Salt ripped off his employer to the tune of £142,000 – by stealing car parts and flogging them on eBay.

Salt placed orders for non-existent customers and when the car parts were delivered, he would create a return note, but the goods were never sent back.

The Mirror reports that an NHS manager who was jailed for her part in an elaborate IT fraud was re-employed as a health service worker after using another surname.

Deborah Hancox funded a lavish lifestyle, along with her partner John Leigh, by tricking the NHS into buying goods from their own companies.

The Boston Standard reports that a man who owed money to loan sharks stole more than £3,000 from his employer and faked a robbery to cover what he had done.

Steve Beeson, who ran New Horizon Amusements, claimed that the shop had been robbed of £3,100 and acid had been thrown in his face as he opened up.

The BBC News website reports that a business analyst has been jailed for stealing more than £700,000 from his employer, Oxford Bus Company.

As one of the staff responsible for recording money on to a computer system once it had been counted, Colin Smart took the sum between May 2010 and March 2017.

According to the Real Business website, invoice fraud is on the rise, as technology brings with it new opportunities for fraudsters as well as for legitimate businesses.

Recent research found that UK SMEs are losing more than £9bn through invoice fraud every year, amounting to £1,658 per SME.