Massive fraud at Calgary company 'went unnoticed', police say

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A former accountant of a Calgary energy company has been charged with fraud after more than $500K went missing yyc

Officials say the woman first joined the company in October 2013, working as an accountant on a temporary contract. Among her duties, she was assigned to be the business's sole administrator of its third-party payroll system."During this time, the woman allegedly set herself up as a full-time, salary-based employee on the company’s payroll system and used company funds to fraudulently pay herself $254,856," police said in a release.

In addition, police believe she used the credit card, which was intended for small office items, for "extravagant and expensive" purchases of about $30,000. Investigators also found she issued 16 company cheques, totalling $65,280, to herself and cashed them."The fraudulent activity went unnoticed for an extended period of time, until the woman responded to a suspicious work email, sending a large sum of money to a supposed financial institution in China without first checking with company management," police said.

In the weeks after the email was sent, the company conducted its own investigation and discovered a series of frauds and thefts, notifying police in January 2016 – months after the employee was dismissed in September 2015.She is expected in court on March 30. Anyone with information about this incident is asked to contact police by calling 403-266-1234. Tips can also be submitted anonymously to Crime Stoppers through any of the following methods:

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CTV has a much cred as trudeau , ZERO

Um 2016 ? The investigation still going? 🤦🏻‍♂️

Which company

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