LogFAQs > #905969724

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TopicWow, just stumbled across MAJOR fraud at my new job.
Romulox28
07/30/18 1:19:29 PM
#1:


Today is the start of my second week at my new job (jr staff accountant for a midsized company).

My first week was mostly onboarding, training, etc so I didnt get a chance to dig into the systems side until today.

This morning I came into the office and started playing around in the system and familiarizing myself. It didnt take long before I noticed something was very wrong.

I began looking at the day to day transactions, the individual journal entries, and noticed something very strange - the transactions were listed twice.

I thought this must be an error, a one off thing, but sure enough when I checked every journal entry I found the same thing. If the company purchased something, theyd credit one account, but then at the same they would debit another in that same transaction. This went on for millions upon millions of dollars worth of transactions.

I immediately freaked out when i saw this, obviously. I got up from my desk, went over to my boss, and told him I had to go home ASAP because I was feeling very sick. When I got to the parking lot, I called the companys anonymous misconduct line and reported what I had found.

Now Im home and I dont know wtf to do. Im debating writing an email to the CFO but Im not sure how complicit he is. Obviously Im going to quit tomorrow (dont want to get wrapped up in this and have my career ruined).

Anyone ever been in a similar situation?
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