# Employee Fraud

**IRI:** https://folio.openlegalstandard.org/RIKYiLwdzOMJsPyy5ui5Eo

## Labels

## Definition

Employee Fraud refers to the deliberate act of deception by an employee aimed at obtaining unauthorized benefits, such as stealing assets, manipulating financial statements, or misappropriating company funds, often resulting in financial loss and legal liability for the organization.

## Sub Class Of

- https://folio.openlegalstandard.org/R8GyyJdxlZtc7PsW9vLAKfE

**Deprecated:** False