Manager Theft up 20%
Posted Fri, January 15, 2010 — Posted by Paragon
Fraud is rife in the workplace, with tough times driving middle management employees to plunder company funds to fix their own financial woes.
A report from tax and accountancy specialist PricewaterhouseCoopers says over 40 per cent of New Zealand organisations were victims of fraud in the last year, with the number of crimes committed by senior and middle management jumping 20 per cent.
The sharp rise saw New Zealand ranked eighth highest for rates of fraud among the 54 countries surveyed; Russia topped the list while Japan brought up the rear.
Read more here at Stuff http://www.stuff.co.nz/business/3080592/Manager-theft-up-20pc-in-a-year
