Fraud, deception & dishonesty
We will not defraud or deceive anyone, act dishonestly or misuse company property or resources
What do we mean?
Although precise definitions may vary from country to country, fraud always involves deception and dishonesty.
It is fraud when you try to deceive someone or act dishonestly to gain any kind of material advantage or use or involve anyone to do so. Fraud is usually carried out for profit or to obtain money, property or services unjustly. It can involve our own company or a third party.
In some countries, like the UK and the US, you can be prosecuted just for being careless or reckless in letting it happen, even though you didn’t deliberately set out to commit fraud yourself.
Company property or resources
The company’s property and resources include both physical and intangible assets.
Physical assets are things like materials, supplies, equipment and cash.
Intangible assets include information, intellectual property, brand value and employee time and talents.
Act honestly, fairly and openly
Make sure our books and records are accurate, complete and not misleading
Carefully check or inspect things that are our responsibility
Base all invoices on clear and complete information and check that they comply with contractual arrangements
Take great care when spending the company’s money or making financial commitments on its behalf
Falsify our company expenses or claim from the company for expenses that have not been properly incurred in carrying out company business
Use the company’s money or resources for non-work related activities or an improper purpose
Ignore something that we suspect might involve fraud, theft, deception or dishonesty
Withhold payment when we don’t honestly believe we are entitled to do so
Make false claims