Hamilton City-wide Cash Handling Policy Aims to Prevent Fraud

Hamilton City-wide Cash Handling Policy Aims to Prevent Fraud

Jamie McCaffrey / CC BY

“Employee accused in 2013 of Defrauding the City of More Than $1 million since 2005.”
“A new city-wide cash-handling policy aimed at avoiding fraud will be considered at a committee meeting later this month.”

“Coming seven months after the city fired an employee over a missing $1 million in city cash, the proposed policy contains 18 standard-control procedures that include calls for strict receipt documentation, secure storage and frequent deposit. It also outlines chain of custody, refund policies and post robbery procedures.”

Read more here

Sources: www.cbc.ca