An employee fraud case happens when a worker cheats or tricks the company for personal benefit. This can be stealing money, misusing company property, hiding accounts, or leaking important data.
In India, workplace fraud is a serious problem. According to reports by the Association of Certified Fraud Examiners (ACFE), companies worldwide lose almost 5% of their revenue every year because of employee fraud. For Indian businesses, especially small and medium companies, even one case of fraud can cause huge financial loss, reputation damage, and legal issues.
In this blog, we will talk about the types of employee fraud cases, real examples from India, red flags, legal handling, and how companies can prevent such fraud in the future.