Twice in 2011 I suspected parties with whom I had business relationships of stealing money. Both times I asked for specific documents over a 5-12 month period until I had sufficient information to prove the fraud and take further action. Both times I have been shocked to receive what I requested, including specific lists of unauthorized/inappropriate payments made and who they were made to, which confirmed the fraud. I’m fascinated that over time I have received all the evidence I’ve needed to show long-term intentional misappropriation of funds simply by asking for the documents which show exactly what was occurring. I equate this process to conducting a very focused discovery process but without litigation. And no I don’t know why people deliver information that could lead to jail time for them. I’m fascinated that this worked twice in 2011.
The first sign of fraud is always in asking for information which should be readily available and not being able to get it. I can only think of one reason not to share information from a legitimate request. Once refused information, it pays to become much more interested, focused, and aggressive about getting the (now mysterious) information.
Remember when there were consistent complaints about people on welfare acting as though they were “entitled”. There are many people today at all levels who believe they are entitled to take what they want to achieve a certain life-style. Employees who are the sole support of their families are particularly vulnerable to supervisors directing them to take inappropriate actions and it becomes harder and harder to extricate themselves from the deceit.
We’re in a time that requires constant diligence in order to protect our investors, the company, and ourselves.