search
Timothy Ferris
Trends
- 1Former employee accused of defrauding auto parts business of $294,000●Former employee accused of defrauding auto parts business of $294,000 By Grace Crivellaro Timothy Ferris is accused of s
Timothy Ferris, a former employee of an auto parts business, is accused of defrauding the company of roughly $294,000. He is alleged to have stolen more than $90,000 directly and caused the business over $200,000 in additional losses by cancelling customer orders and misdirecting EFTPOS payments to himself. The case highlights how insider fraud schemes can cause losses well beyond the amounts actually stolen.