Unfortunately, Melissa Caddick is not Australia's
only corporate swindler. Fraudulent conduct in the workplace still
occurs all too often and is incredibly costly for employers
(financially and reputationally). Two recent, lesser-known cases
concerning senior employees serve as timely reminders of the need
to ensure appropriate checks and balances exist across a business
to deter and detect unauthorised expenditure of company
money.
False expenses: director steals millions to pay for personal
luxury items
Proceedings were recently commenced in the Federal Court of
Australia by Deloitte Services Pty Ltd (ACN 087 279 678) and
Deloitte Financial Advisory Pty Ltd (ACN 611 749 841)
(collectively, Deloitte) against a former
director, Mr Paul Quill for misuse of company funds.
