I generally avoid linking to posts on the opinion pages of the Wall Street Journal, to avoid getting embroiled in politics. But this one is worth a departure.
What if you had an employee who claimed to work for the CIA and needed paid time off to handle CIA matters? For 23 years? Long periods of time off the radar screen but still receiving a paycheck? And submitting expenses for extensive and expensive trips out of town. Claims of malaria and Vietnam service to justify request for handicapped parking space. None of these claims were true.
The Inspector General says this was the result of “an absence of even basic internal controls….” Cost: $900K+.
Could this happen to your company? What controls do you have in place to prevent it?
“The ‘Spy’ Who Fooled the EPA,” Wall Street Journal, November 22, 2013 A14 http://on.wsj.com/1iztAFH
