Fraud Done By Staff

Dear friends,
I am working in a NBFC (Micro finance). One of my field staff complained that installment recovered from the customer (Rs. 1,50,0000/-) has stolen from his room. Now, he is going for FIR in which he is changing the case to Snatching of Money in the field. But, I have already stated the situation to my senior.
Right now, I am thinking to go to CJM and lodge complain against the staff? Please suggest whether it will be good or not?
Regards
Manoranjan

if he tells that money stolen from his room but going to file FIR which means, that something is really fishy..

Dear Rajan,
It is important to be clarified why is he changing the case from Stealing to Snatching.What is the fear in his mind while lodging the FIR if he is not guilty??
Regards
MK

You can lodge FIR against the field staff for the missing money. It is police duty to inquire. Is there insurance coverage??
pon

Hello Manoranjan,
Like the others mentioned, something's definitely fishy.
I would go one step further--looks like he flicked the money & is trying to divert attention to other directions/people. This si standard ploy/trick of such guys with a criminal bent of mind.
Just go ahead & lodge a Police Complaint--if you delay, you too could be under suspicion.
Rgds,
TS

This is very common and fraud cases are very frequent in Microfinance field, every month cases comes in varities. you dont delay regarding this matter because he may abscond which will further delay the whole process.
Thanks
Ritu

• Employee is telling cash collected by him is stolen. He is also changing the versions and stories. He has not initiated any action to find out stolen money. He has not lodged FIR with police. There is something very fishy and you need to do little internal investigation and decide further course of action.
• Has he really collected Rs. 1.5 lakhs ? From which customers ? Get detailed statement of collections. Are receipts issued to customers for cash collected ? Are copies of receipts issued to customers available on record ? For how many hours / days he was holding this 1.5 lakh with him ? Why did he not deposit it in office / bank as per laid out procedure ? Has he really collected Rs. 1.5 lakhs or he is making this story to show performance ?
• If he has really collected Rs. 1.5 lakhs then why is he changing story ?
• Your further action will depend upon what exactly you want ? What is your objective ?
• In case cash is really collected by him, then your first objective should be to find out and get back the cash, in the interest of your company and customers. Talk to that employee, first take him in confidence. If it is not working threaten him with the consequences, if case is referred to police (humiliation, loss of earning and job, disrupted career, punishment, hardship to family etc.). This should work. Get back money from him. Remove him from the job.
• In case above is not working go to police lodge FIR.
• Even in case you get back Rs. 1.5 lakh. Your option of going to Police is open. It will act as a deterrent for others. I suggest you do go to police, after collecting cash.
• All important : Keep your bosses and superiors well informed. seek their advise.

thanks for your suggestion...
insurance co. is telling that insurance coverage is for transition of money from field to bank or office or money placed in office chub.
insurance does not cover money stolen from room of the staff.

thanks for your suggestion...
insurance co. is telling that insurance coverage is for transition of money from field to bank or office or money placed in office chub.
insurance does not cover money stolen from room of the staff.

Dear friends
What documents have to produce while lodging FIR? I should lodge case through CJM or at police station? Police station In charge nearer to my office is not accepting complaint. He is suggesting to go to the police station where the incident has happened.
please suggest
Regards
Manoranjan