Massive fraud at Calgary company 'went unnoticed', police say
CTV
Calgary police say a woman who posed as a chartered professional accountant for an oil and gas company is facing charges after she allegedly defrauded the company for nearly two years.
Calgary police say a woman who posed as a chartered professional accountant for an oil and gas company is facing charges after she allegedly defrauded the company for nearly two years.
Officials say the woman first joined the company in October 2013, working as an accountant on a temporary contract. Among her duties, she was assigned to be the business's sole administrator of its third-party payroll system.
Police say she was also the only person who had access to the company's credit card account.
"During this time, the woman allegedly set herself up as a full-time, salary-based employee on the company’s payroll system and used company funds to fraudulently pay herself $254,856," police said in a release.
In addition, police believe she used the credit card, which was intended for small office items, for "extravagant and expensive" purchases of about $30,000.
Investigators also found she issued 16 company cheques, totalling $65,280, to herself and cashed them.
The suspect also used $187,522 of company funds to pay off her own personal credit card, police say.
