Fake receipts used to embezzle Dh45,000

A Syrian general manager allegedly embezzled more than Dh45,000 from the employer by submitting forged receipts of fees paid to different government departments.

The employer, WM, 55, Australian, had appointed, MI, 28, as general manager of his company in early 2011.

“Mid of the year, I assigned him to register three trademarks of the company’s products with the Department of Economic Development. He submitted to the company receipts that carried the department’s logos of Dh22,000 value which he collected from the company.

“Similarly , he collected Dh13,000 as fees for issuing me a business visa against a receipt that carried the Ministry of Labour’s logo. Then, for registering the company and its products with Tejari, he collected Dh7,000 from the company,” the employer told investigators.

In December of the same year, the employer received a call from a bank asking him if he had applied for a loan and opened an account.

“I did not apply for a loan nor did I open an account with this bank.  However, the bank assured me that they have an authorisation letter signed by me. I visited the bank and found out that my signature had been forged by the applicant. Confronting MI, I asked him to resign or I would notify the police. He submitted his resignation and left the company,” said WM.

The manager signed a settlement document with the company according to which he was supposed to pay back Dh2,458. He had issued the company a cheque for this amount but it had bounced back. Not only the manager did not pay the amount, he complained to the Ministry of Labour.

At that time, the employer did not have any idea that the manager had submitted forged receipts for transactions of government departments.

The company’s accountant told the employer that the receipts that the manager had submitted and which were reimbursed by the company, had been proved to be forged.

The company found out that all transactions that the manager had been assigned to process had never been processed with the relevant government departments.

The auditor’s report revealed that in addition to the amounts that the manager had embezzled with forged receipts, he had failed to pay the company Dh2,458 that was kept with him besides failing to submit receipts of the cost of a business trip to Jordan for which he had collected Dh3,500.

After discovering the forgeries and the embezzlements, the employer lodged a complaint with the police.
 

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