F1.13 Fraudulent Transactions

Effective Date: December 8, 2009
Last Reviewed: June 20, 2023


POLICY:

Fraudulent transactions ordinarily involve a willful or deliberate action with the intent to obtain an unauthorized benefit must be reported. Fraudulent transactions can include but are not limited to:

• Misappropriation of cash or property

• Falsification of time and attendance records

• Unauthorized use of College property

• Unauthorized use of College employees to perform non-College business

• Unauthorized use of faculty/staff identification cards; or

• Any other act that represents a knowing and willful violation of College, state or applicable federal policies and/or procedures.

When a fraudulent transaction is suspected, the employee is responsible for immediately notifying the Vice President for Finance or should reference the College’s Whistleblower Policy for notification options. A preliminary investigation by Legal Counsel Office or the Vice President for Finance will be conducted based on the reporting incident.