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Ok, I've got a bit of a dilemma on!

I was recently dismissed from my job. I woul obviously claim that it was bloody unfair. Two sides to every story though...

Anyway, basically I worked in IT, and was responsible for the companies invoicing for the biggest contract the company had. (A major high-street bank)

Bacially they were fiddling the figures. (The total bill was roughly inflated by 30% each month. The directors and senior managment were aware of this) This would be extremly difficult for the bank to notice (and susequently prove) as we were using consolidated invoicing and were very careful about the backing data and MI that could be sent to people within the bank. This totaled into the millions over the 2 years I worked there.

What would you do and why?

2007-01-21 09:46:22 · 7 answers · asked by gam3fr3aks 3 in Business & Finance Corporations

The company I used to work for is the biggest in it's sector and is LSE listed.

2007-01-21 09:49:00 · update #1

Thanks for your answers.

A couple of other things.

1) All completely true and unexagerated!
2) I dont think i'd have any problems being believed. I worked pretty closely with a few of the people at the bank on various issues, so have a handful of business contacts there.
3) Nothing to gain or lose. More one of thoses light the blue paper and see what happens kind of things!

2007-01-21 11:10:34 · update #2

7 answers

I'd argue that the issue you describe is too small to work your cosncience into a frenzy, so you ask because you're entertaining thoughts of revenge.

I have no doubt that such things are common in business. What is also common is the treatment of whistle-blowers which, despite recent high-profile cases, is nothing short of blacklisting.
You'd do yourself a tremendous disservice to use your knowledge to try to punish your former employer. You'd probably succeed in hurting only yourself.

I'd suggest you move on, find a new job, and forget the bastards. Success, as they say, is the best revenge.

2007-01-21 10:00:17 · answer #1 · answered by Anonymous · 1 0

I can see you making the nine O clock news yet! You do not say why you were let go but, these are very serious allegations you are making. I would be 110% sure of my facts before I went any further. Get yourself a good solicitor and bring your proof with you to the meeting. You then need to decide what you want from this. Is it a payoff to keep quiet? or the principle of the thing? ( I dont think!) Whats in it for you? and most importantly will you ever work in this town again when the merde hits the fan?

2007-01-21 18:04:51 · answer #2 · answered by boomedly 3 · 0 0

This is not unusual, many large company's do it with the knowledge of the banks it's known as "mark ups". the money is shared between the senior exec's of the company and the bank

2007-01-21 18:07:04 · answer #3 · answered by Anonymous · 0 0

Ask youself--What is the down-side risk? In short, what do you have to gain and what do you have to lose by your action--whatever it may be. Will you lose more than you will gain by a particular action or vice-versa? Then make a decision.

2007-01-21 18:51:30 · answer #4 · answered by anmlprht 3 · 0 0

If you tell the customer they will probably not believe it and just ignore you. It is probably wiser to just find another job and forget about it.

If you were dismissed unfairly, try taking it to court.

2007-01-21 17:52:10 · answer #5 · answered by Anonymous · 0 0

Today we suffer from greed
Your principles are correct,
Unfortunately in this world.
They are not respected,
Have a good life,

2007-01-21 18:02:04 · answer #6 · answered by oop139gg 3 · 0 0

Which bank is it? Ew!

2007-01-21 17:52:36 · answer #7 · answered by Alicat 6 · 0 2

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