Illegal business arrangements
11.06.2019Back to blog list
Employees can launch their own businesses
Employees can create their own legal entities that will interact with an employer company. For example, fraudsters can use their job positions and promote their own enterprise as a counterparty and at the same time offer disadvantageous terms and conditions of cooperation.
The risk management department found out that one of the employees saved the draft with the corporate charter of another company in the personal mailbox on gmail.com.
Within a few hours it became clear why the company was losing clients regularly at the stage of signing agreements. It appeared that the employees were stealing clients and carying out projects for less money using the resources of the company. Three employees participated in the fraudulent scheme. They used the same mailbox on gmail.com, and this fact exposed their activity. However, these people did not communicate at work, did not have lunch together and were in different offices.