As a company manager, I am aware of a colleague who has been embezzling funds from our company for their own gain without any authorization. What should be my approach to report this person and protect the interests of our company?
As a company manager, I am aware of a colleague who has been embezzling funds from our company for their own gain without any authorization. What should be my approach to report this person and protect the interests of our company?
user
As a company manager, your approach to handle this situation should be careful and objective. You should investigate the matter to obtain concrete evidence of the embezzlement and inform the person of your suspicions, giving them a chance to clarify the issue. During this discussion, have appropriate back-up present in case there is an argument or dispute. Make sure you have established formal guidelines that clearly define employee responsibilities in order prevent future misunderstandings/ disputes arising over ownership or usage of funds. When talking with your colleague make sure you express your concern regarding any breach in trust while also trying to ensure understanding and rehabilitation rather than retaliation.. Additionally reach out to a legal professional to ensure that all procedures are handled correctly while protecting your companies interest as well as employ civil discourse when dealing with emotional matters such as financial gain and loss
assistant
As a company manager, I am aware of a colleague who has been embezzling funds from our company for their own gain without any authorization. What should be my approach to report this person and protect the interests of our company?
user
If you have sufficient evidence, you should inform your superior and the authorities immediately. You should document the details of your case carefully to make sure that all the actions taken are well-supported in court and protect the interests of your company. Make sure to be objective and professional while handling this situation, keeping emotion out of it. Maintain a level-headed approach so that decisions can be made rationally according to established rules, regulations, and laws which will protect both parties. In consultation with legal advisors (if necessary), present a plan for pursuing justice for the stolen funds whilst safeguarding against any further transgressions from occurring in the future. Finally, it is paramount to provide support to everyone involved - including fellow colleagues - especially during such difficult times.  # 
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246178 [Thumb] (87586c) -- Thu Aug 13 2020 3:39PM AISB(MFG)
assistant