April 8th in Accountancy News, Big4, Deloitte, Scandal, Trainee by Editor .

Former Deloitte Trainee Loses High Stakes Gamble

Firm credit card, firm laptop, on-line gambiling…uh-oh…

Charles Tyrwhitt UK
 

A Deloitte trainee used a company credit card to blow more than £8,000 by online gambling from a company laptop. The belt and braces approach to screwing one’s employer.

Umar Qureshi, a former student at Deloitte, initially lied about the card charges – rather than admitting to being a terrible gambler, he told Deloitte that they were fraudulent.

However, at an ICAEW (Institute of Chartered Accountants in England and Wales) tribunal hearing, he admitted breaching the £8,000 credit card limit by carrying out a his online gambling activities from a Deloitte laptop between October and November 2008.

The tribunal ordered that he cease to be a provisional member and be ineligible for re-registration for six months, and that he be severely reprimanded says Accountancy Age.

Unsurprisingly, Deloitte terminated his contract in January 2009 after an internal disciplinary.

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