RTQ Ltd. has decided to introduce a system of employee verification. The background to this is that in a sister concern, a group of employees had jointly committed a fraud in assets consisting of stock and cash to the tu

The following steps are to be undertaken for employee verification. Temporarily suspend employees suspected of involvement in the collusion fraud to prevent further tampering with evidence and mitigate additional losses. Secure and preserve all relevant documents, emails, financial records, and any other evidence related to the fraud to prevent destruction and tampering of evidence. Limit access to sensitive systems and areas to prevent destruction or manipulation of evidence. Verify academic records where possible check Digi locker details. Do a search for professional qualifications. Ask an external agency to verify previous employer details. Verify social media posts of employee and living beyond means is also a reason for fraudulent earning. Scrutinize financial records, including bank statements, transaction logs, and accounting ledgers, to trace unauthorized transactions and identify patterns of fraud. Conduct a comprehensive audit of stock to determine the extent of the discrepancy and identify the specific items involved. Verify from police records