headache of the boss

Headache of the Boss

Meet Mr. and Mrs. Fraud

INTRODUCTION

Dear Ladies & Gentlemen,

I’d like to introduce to you Mr. & Mrs. Fraud, former employees of the well-known and reliable Company with outstanding references from their previous bosses.

Mr. & Mrs. Fraud are very intelligent and good looking, well-educated and have a strong ability to work. Isn’t it impressive that they will find a new executive jobs in a minute? No, it isn’t. Will our Boss (or Board of Directors) have a headache because of them? With no doubt!

Let’s pretend that the minute has passed and follow Mr. & Mrs. Fraud up in their first days at work.

DAY ONE – “TEAM WORK”

During his first day at work Mr. Fraud showed that he is very competitive and has a deep knowledge of the market.

MR. FRAUD: “Wow! You haven’t yet hire “BEST EVER SEEN CONSTRUCTION COMPANY” LTD to do this job for you? Don’t you know that this company is a market leader with best prices and highest quality services? Poor losers, let me help you in solving this problem!”

And only Mrs. Fraud knows that the “BEST EVER SEEN CONSTRUCTION COMPANY” LTD is owned by Mr. Fraud elder brother. Will she tell us? No, she won’t, because Mr. Fraud’s rebate in cash will be 7% of future contract (no taxes, of cause)

What’s our Boss? He doesn’t know, he is happy.

DAY TWO – “RESTAURANT BILL & CORRUPTION”

Haven’t you heard that 85% of Russian companies pay back to their corporate or governmental customers so called “otkat”? Our Boss has and he is not as strong to fight against corruption. Keep it secret but our Boss pays 10% back to every customer. Today the Client called our Boss and said that he needs 20% back in cash for every contract or he will go to competitor.

BOSS TO MR.FRAUD: Please, take the client to the restaurant ant try to solve this situation. Here you are 300$ for the bill.

MR.FRAUD: Ok, Boss. You the Boss.


This evening Mr .Fraud meets the Client in the restaurant.

Mr.FRAUD: Dear Client, you know that during recession it is simply impossible to pay you back 20% in cash. Let’s say it is 14% and you’ll have my deepest gratitude and support?

The CLIENT: Ok, 14% is a good start. Let’s fix 14% for the next 1 000 000$ contracts and please, don’t worry about the bill, I’ll pay.


Next morning at the meeting

MR.FRAUD: Yesterday I met the Client in the restaurant and we agreed that for the next 1 000 000$ contracts he is ready to ask for 17,5% bribe, not 20%. For sure, I had to buy the most expensive vine and starlet, but the Client and the deal worth these expenses.

BOSS: Oh, don’t worry, dear Fraud. I’ll add 200$ to cover your expenses and moreover you may count on a big bonus this month. I dream that all my employees will one day work as good as you.


It was a good day for Mr.Fraud. He’ll have additional 25 000$ pretended to be paid back to the Client and for sure, 500$ for

representation costs. And what’s the Boss? He is worried about decrease in profit of the Company and is going to face

the Board of Directors (or shareholders) hearing.

DAY THREE – “LET ME TAKE CARE OF YOUR CLIENTS”

MR.FRAUD is a best employee of the

(week/month/year/century) and our Boss decided to give him

additional power in client relations field.

BOSS: MR.Fraud, I’d like to give our main clients under your

control. Would you please take care about these 2M$ contracts

from our Client. These contracts are very important and we will

be in deep trouble if the Client will refuse.

MR.FRAUD: Ok, Boss. You the Boss.


MRS.FRAUD (haven’t you forgotten about her?) owns a small

company STAR LTD. Just a case she will need a bank account to

accept payment.

This evening Mr .Fraud meets the Client

MR.FRAUD: Dear Client, I can’t lie to you, our company is on

the edge of bankruptcy. I can’t recommend you signing this

contract because we can’t guarantee that it will be fulfilled.

What about STAR LTD? It is a small company under my

control and I’m ready to accept all the risks of the contract

just to make sure that my best client won’t lose his money.


Next morning at the meeting

MR.FRAUD: It is a disaster! The Client has found a new

contractor STAR LTD! I already contact them and they are

ready to hire us as a sub-contractor, but the price will be

1,5M$.

Who will get 0,5M$ profit?

Yes, Mrs .Fraud.

Who will be fired? Mr Fraud?

No, the Boss.

THE END

Unless we will stand against Mr. & Mrs. Fraud they can steal our money, our brand and even our identity.

According to official data 18% of employees are involved in fraudulent schemes.

Don’t forget to call your Fraudbusters – Staf-Allience Security Group before the dusk of the 3rd day.

headache of the boss

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