Hiring is a complicated paradigm, which involves balancing and analysis of different permutations and combinations. The field of Human Resources or Talent Acquisition, like many disciplines, is an ever-evolving paradigm.
The Hiring Scam
HR, therefore, is an essential part of the corporate realm. And, fissures in this zone could have grave impact on companies.
In a strange development from just this field, an HR in a Shanghai-based tech company pulled a scam of monumental proportions. According to a report from Oddity Central, the company HR weaved a web of deception, in which they hired employees for the company and paid them their salaries.
According to a report from Oddity Central, the company HR weaved a web of deception, in which they hired employees for the company and paid them their salaries. |
Fake Accounts, Fake Profiles
The only difference here is that the employees were all fake, and the salaries went directly to the HR himself.
This elaborate scam ran for a puzzling 8 years. In this span, the HR, who’s name has been stated as Yang, accrued a mammoth sum of Rs 20,00,00,000 or Rs 20 crore.
These Ghost Employees ‘worked’ for close to a decade and ‘earned’ their salary at the end of the month. Only Yang, the HR bagged them.
| File/ Representative image
The duplicitous charade started in 2014, when Yang, as the solitary authority to hire new people, created fake profiles and bank accounts for those profiles who were hired by Yang.
These Ghost Employees ‘worked’ for close to a decade and ‘earned’ their salary at the end of the month. Only Yang, the HR bagged them.
A Gap In The Cunning Plan
The report suggests that this devious plan could have gone for a long time to come. Then the question is, what gave it away? Ever criminal, as they say leaves a trace behind. And, in this case, what nailed Yang was a an inconsistency of consistency.
After the investigation by authorities, Yang, the HR manager was punished. He was slapped with a prison time of 10 years and 2 months.
| Pixabay
One of the fake hires or employee had a 100 per cent attendance, and this was a giveaway.
This led the organisation to the path suspicion, which eventually resulted in an internal investigation in 2022, which brought out the crime.
After the investigation by authorities, Yang, the HR manager was punished. He was slapped with a prison time of 10 years and 2 months.
In addition, he was also deprived of his political rights.
