Description of Workplace Fraud
What is workplace fraud?
Workplace fraud is when an employee or employer intentionally deceives a company for personal or financial gain.
What is workers’ compensation used for?
To support employees who get injured at work by providing wage replacement and medical coverage.
How can fraud affect an individual
A business can lose revenue, face higher expenses to fix the problem or even damage the customer
This is the act of lying or cheating in a workplace for personal gain.
What is workplace fraud
What kinds of actions can be considered workplace fraud?
Actions like changing work hours, stealing money or resources, and forging documents are all considered workplace fraud.
What is an example of workplace fraud?
a) Reporting an injury immediately
b) Faking or exaggerating an injury
c) Following a doctor’s treatment
Faking or exaggerating an injury
How can fraud effect a business?
A business might lose revenue, face higher expenses to fix the problem or even damage the customer
This simple action of keeping accurate financial records that helps catch fraud early.
What is maintaining clear financial records
How does workplace fraud violate workplace expectations?
It involves dishonest behavior that breaks workplace rules, company policies, or even the law.
True or False: An employer can commit workers’ compensation fraud.
employers can lie about payroll, misclassify workers, or hide injuries.
Why might fraud cause long term problems for people.
Fraud can damage a person credit score, making it harder to get loans, rent housing, or get approved for accounts.
This term describes sharing responsibilities so no one person controls an entire financial process.
What is separating duties / responsibilities?
What impact can workplace fraud have on a business?
It can harm a business financially by causing losses or reducing productivity.
Why is workers’ compensation fraud harmful to people who are actually injured?
Fraud drains resources and money from the system, slows down claims, and raises costs, making it harder for real injured workers to get proper support.
How can fraud affect a company internal operations beyond just financial loss?
Fraud forces businesses to redirect resources and time into investigations.
This type of system allows employees to safely report suspicious behavior without being identified.
What is a whistleblower or anonymous reporting system?
How does workplace fraud affect relationships in the workplace?
It destroys trust between employers and employees, making the work environment less stable and cooperative.
what evidence proved that the worker was committing fraud, and why is that evidence important?
Investigators found him lifting boxes and running a moving company while claiming he couldn’t lift anything. This showed he intentionally lied, and the evidence is important because fraud requires proof that the person knowingly misled the system.
How can fraud effect the relationship between customer and business
Customers can lose trust or even stop buying from business
Limiting access to sensitive information and using strong passwords helps prevent this kind of fraud.
What is unauthorized access or data theft?