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Joseph Piacentile: What Is Employee Fraud?

By Bob Oliver


If you want to talk about the most influential parts of any business, the workforce will be at the top. After all, these men and women are able to put forth consistent effort, ensuring that sales are generated and that business is done as it should be. However, let's say that someone who isn't so reliable becomes part of the proverbial machine. It's for this reason that I would like to discuss employee fraud, which is a serious case that Joseph Piacentile can observe.

For those who do not know, employee fraud occurs when a worker knowingly falsifies or misinterprets information for the sake of receiving compensation they are not entitled to. More often than not, this is done with work-related injuries in mind. Keep in mind that no reputable business is going to want to disregard people with injuries, as the likes of Joseph Piacentile can attest to. As a result, they would pay those individuals until they are well.

Employee fraud does not entail legitimate injuries, though, which can negative impact businesses in the long term. What about disabilities which aren't usually associated with workplace injuries? Maybe someone claims to be hard of hearing, which may result in them being compensated differently than others. When this doesn't prove to be the case, trouble can arise. This doesn't mean that it can't be helped, however, which we will get into next.

Employee fraud can be targeted in numerous ways, amongst them being with knowledge. Business owners should make it a point to carry out background checks, which should be thorough, in order to ensure that the most reliable workers are brought on. There's also the matter of staying aware of the actions that employees carry out on a regular basis. Points of interest like these are just a few that can be observed by authorities such as Joe Piacentile.

These details should, hopefully, help you better comprehend the seriousness of employee fraud. If it's allowed to persist, it's easy to imagine that businesses will lose money, which can be especially detrimental in the long term. As Joseph Piacentile and others will tell you, though, knowledge will be nothing short of useful. Take the advice of established authorities, ensure that it is put into practice, and it's easy to see that greater results will come to the surface.




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