Backhanders

Company has display stands in stores all over Australia.

New Regional Manager put in place in Western Australia following retirement of previous manager.

Within days notices massive spending on Display Stands, far exceeds his own previous experiences, over $250,000 in last 18 months.

Manager makes several pretext calls to several stores, asking are they happy with service, happy with new display units. Informed that they would love some display units, but don’t have any.

Previous Manager had fraudulent arrangement with owner of carpentry company, he would send in false invoice for work carried out, Manager would authorise the payment of invoice, he would then receive payment in cash in envelope of the majority of the cash paid by company. The carpenter would receive some cash, but was also guaranteed the contract for all legitimate jobs for the company, charging well above the market rate.

If you are concerned with bribery or corruption in your business drop Daniel Toresen a line here.