3 ms·
> He did not conceal his tracks. True but I'm not sure it's feasible to conceal a theft of $10M from a large public corporation for very long if you don't work
by mrandish 7y ago
> He did not conceal his tracks.
True but I'm not sure it's feasible to conceal a theft of $10M from a large public corporation for very long if you don't work directly in finance or have IT access to financial records. Ultimately, double-entry accounting is going to show an imbalance somewhere as that $10M in gift cards is redeemed into actual cash at retail. Once the finance dept starts investigating why the books don't balance, it's only a matter of time until they narrow it down to approximately the right neighborhood.
He was stupid not to realize they would eventually start looking for where the missing money went. The only way he might have gotten away with it was to cash it quickly and very carefully disappear under another identity somewhere outside the U.S. forever.