Monday, February 09, 2009

Crooks in the Workplace

There's no polite way of saying this: In bleak times, people are more likely to rip off their employers. According to a Deloitte survey, two-thirds of executives expect insider crime to rise in the next two years. Corporate grifters seem to be getting nervier. Recently, a Maryland man swiped 32 laptops from his nonprofit health-care employer and put them on eBay (EBAY). A chief financial officer changed the color of the type on some spreadsheet data from black to white so as to render the fake numbers invisible while juicing the totals—and his bonus. One regional vice-president for sales billed his corporate card $4,000 for Victoria's Secret lingerie—and not for his wife, either.

Read the rest of Michelle Conlin at Business Week.

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