Wake-up call on employee fraud

Only 34 per cent of those who knew of a fraud reported it to a supervisor
By Laura Cassiani
|Canadian HR Reporter|Last Updated: 09/04/2003

Twenty-five per cent of Canadian employees — roughly 3.2 million — have either defrauded their employer or know of a co-worker who has, according to a new study released by Ernst & Young consultants.

The study comes on the heels of an international study released last year which found that 82 per cent of the worst business frauds are committed by employees, with a third of those carried out by employees in management positions.

This recent research into workplace fraud turned the microscope on the employees, asking them directly about fraud where they work.