Just saw this in the news today: A Taiwanese employee of Accell Group, distributors of Raleigh and Diamondback bikes, has been accused of secretly withdrawing (read: stealing) up to 4M Euros (roughly $4.4M USD.) The interesting thing is that even with this, the company says it had a really good year, mostly thanks to hot sales of e-MTBs in Europe.
I have two questions: 1. how the heck does someone not notice when $4M goes missing? and 2. Is Accell Group hiring? 🙂
I wonder what the time frame was for the theft? It seems that most cases of embezzlement take place over the course of years or even decades. $4 million over the course of 20 years would be more difficult to spot.