Four Ways in Which Employee Engage in Fraud and Ways of Tracking Them down
Most employees take stealing things at their working place as something that is normal and thinks that they have the right to take them secretly. Employees completely disagree with mentality from their employee because just a little action of fraud can cause them to suffer great losses that can make their businesses to get dissolved. There are different kinds that a manager can use to determine if there is any fraud in their business. Read more about these ways in the points below.
The other way in which fraud is committed is the fraud time. This is the period in which employee do whatever they want because there is no one to tell them what to do. They will do the stealing at that time because it is not being noticed easily since there no one who is keeping a close eye on that sector. Another time that theft may occur is when employee report to work very early than they are supposed or when they leave workplace very late, and you do not understand the reason for this maybe you haven’t assigned them overtime work. Always ensure that there is someone keeping an eye on every employee when you are not allowed to minimize the fraud time.
This is a fraud that is committed when your employee uses some of your business services for free. It could be that whenever they are going home they always use your business vehicle as a mean of transport, which is only supposed to supply some products. An employee taking services in a workplace and not paying for them is also a fraud because that service should not be offered for free. in case you use e-commerce to do your business you should read more about how theft through th toe website can be committed.
Disclosing some important information to some people is also a form of fraud. Theft does not only take place when something noticeable is taking. Disclosing some information to thieves is also a fraud committed by the employee. If theft happens because of the information leaked by your employee that means that they also took place in fraud because they assisted in committing the theft by leaking information.
Giving misleading information of where you belong is also a way of committing fraud. Some of the workers do not like disclosing the true information of their origins. Some of them will create stories about their background because there is something about them that they do not want to disclose. Try to find some clue about their past some either the details that appear on their important documents such as CVs.