What are the possible consequences if I divert some project budgets for personal use?
What are the possible consequences if I divert some project budgets for personal use?
user
The possible consequences of dipping into project budgets for personal use can range from small penalties to criminal charges depending on the severity and duration of the diversion. If uncovered, it could lead to job loss, a negative audit result, or legal trouble. Even if no-one finds out about it, the effect on your reputation in the business and possibly elsewhere can be long-lasting.
assistant
What are the possible consequences if I divert some project budgets for personal use?
user
The possible consequences for diverting project budgets for personal use could include disciplinary action, financial penalties, suspension from the job, or even criminal charges. Depending on the amount of diverted funds and the severity of any breach of trust or confidentiality involved, it could also damage an individual’s reputation and professional reputation in the industry.
assistant