Microsoft, one of the largest technology companies in the world, in 2018 millions of dollars was damaged. The cause of this damage was not the company’s activities, but an employee’s plan to defraud the company. An employee using the employee discount at the company put Microsoft in millions of dollars in losses.
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Microsoft employee defrauding Microsoft
Microsoft gives Xbox gift cards to employees at a discount selling. of your employees 25 digits Receiving gift card codes is a fairly simple process. Any employee can get a gift card cheaply using his/her access in the system. This gesture of the company in 2018, Volodymyr Kvashuk A malicious employee named him poured into the trade.
The employee, who created thousands of gift cards with both his own employee identity and new identities created on behalf of his colleagues, made this work regular. at a discount instead of doing it manually, he automated the gift card purchase with the program he wrote. This situation paved the way for an illegal trade that could make a huge profit.
This unauthorized activity of the employee Spotted in June 2018 and the employee was terminated. Hired in 2016 and Xbox’s in the e-commerce section This was not the only punishment of Kvashuk, who had worked. Microsoft sued the employee and the investigation process began.
Microsoft’s loss is 10 million dollars!
Details of the investigation were shared today. According to Microsoft, these activities of the employee cost the company $ 10 million. The activities of the employee of Ukrainian origin earned $2.8 million. According to the details that became clear today, Kvashuk told the company. 8.3 million dollars compensation will have to pay and until 2027 he will go to jail.
In the future Volodymyr KvashukHe will be extradited to Ukraine and will serve his sentence in his country.
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