investcorpus.in > Latest News > Business News > Personal Finance > HR manager creates 22 fake employees, logs perfect attendance for over 8 years to steal ₹18 crore
HR manager creates 22 fake employees, logs perfect attendance for over 8 years to steal ₹18 crore
A human resources manager in China orchestrated an elaborate fraud, creating 22 fake employees and siphoning off ₹18 crore in salaries.
A human resources manager in China was caught running an elaborate embezzlement scheme, creating 22 fake employees to steal 16 million yuan ( ₹18 crore) in salaries and severance payments. The accused, identified by his surname Yang, worked at a labour services company in Shanghai, where he was responsible for managing payroll for workers assigned to a tech firm, reported the South China Morning Post.
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