Man charged over fraud in Sydney

A man has been charged over defrauding a company of over $400,000 in Sydney, NSW Police say.

During 2016, an employee of a travel wholesale company took 25 days sick leave after claiming to have cancer.

The employer gave the man a cash payment to assist him in the treatment.

Subsequent inquiries by the company revealed the man was not receiving any cancer treatment.

After an audit, it was also discovered the employee, a 43-year-old man, made 82 unauthorised transactions from the company’s business accounts to his personal accounts, totalling $429,318.

The matter was reported to police from Sydney City Police Area Command, who commenced an inquiry.

Today (Thursday 26 April 2018), the man was arrested at Day Street Police Station.

He was charged with five counts of dishonestly obtain financial advantage by deception and granted conditional bail to appear at Downing Centre Local Court on Wednesday 23 May 2018.

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