# Employee steals $100 million

**URL:** <https://boards.straightdope.com/t/employee-steals-100-million/780511>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [February 22, 2017, 9:38pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511 "2017-02-22T21:38:05Z")\
**Posts on this page:** 10\
**Page:** 1

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**Author:** ![DrumBum](https://avatars.discourse-cdn.com/v4/letter/d/e79b87/32.png) [@DrumBum](https://boards.straightdope.com/u/DrumBum)\
**Post date:** [February 22, 2017, 9:38pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/1 "2017-02-22T21:38:05Z")

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ABB, A major European conglomerate, says one of its employees in [South Korea](http://money.cnn.com/2017/02/22/news/companies/abb-criminal-activity-south-korea/index.html) has stolen $100 million. That has got to be a record but I have to wonder how he/she plans to spend it.  
:eek:

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**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\
**Post date:** [February 22, 2017, 9:44pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/2 "2017-02-22T21:44:57Z")

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Probably the same way anyone else would spend 100 million ill-gotten dollars.

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**Author:** ![Hari\_Seldon](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hari_seldon/32/5173_2.png) [@Hari\_Seldon](https://boards.straightdope.com/u/Hari_Seldon)\
**Post date:** [February 22, 2017, 10:15pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/3 "2017-02-22T22:15:32Z")

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Didn’t Nick Leeson steal more?

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**Author:** ![leahcim](https://avatars.discourse-cdn.com/v4/letter/l/b4bc9f/32.png) [@leahcim](https://boards.straightdope.com/u/leahcim)\
**Post date:** [February 22, 2017, 10:17pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/4 "2017-02-22T22:17:40Z")

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> [@Hari\_Seldon](#):
>
> Didn’t Nick Leeson steal more?

He _lost_ more. It doesn’t mean he personally came into possession of that money.

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**Author:** ![F.U.Shakespeare](https://avatars.discourse-cdn.com/v4/letter/f/aca169/32.png) [@F.U.Shakespeare](https://boards.straightdope.com/u/F.U.Shakespeare)\
**Post date:** [February 22, 2017, 11:13pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/5 "2017-02-22T23:13:54Z")

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A _really_ good lawyer?

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**Author:** ![Tom\_Tildrum](https://avatars.discourse-cdn.com/v4/letter/t/e95f7d/32.png) [@Tom\_Tildrum](https://boards.straightdope.com/u/Tom_Tildrum)\
**Post date:** [February 23, 2017, 12:03am UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/6 "2017-02-23T00:03:24Z")

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$50 million to Swiss authorities still leaves the guy with $50 million of his own to set up house undisturbed in an undisclosed Alpine village.

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**Author:** ![Bill\_Door](https://avatars.discourse-cdn.com/v4/letter/b/50afbb/32.png) [@Bill\_Door](https://boards.straightdope.com/u/Bill_Door)\
**Post date:** [February 23, 2017, 12:18am UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/7 "2017-02-23T00:18:03Z")

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My plan would be, if I had embezzled say 1 million dollars and were about to get caught in an audit, to quickly steal as much more as I could, ten million or so ignoring the risk of detection, then, when caught, offer to return most of it in return for immunity from prosecution. Hey, wouldn’t they rather have 8 million back of their money?

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**Author:** ![Princhester](https://avatars.discourse-cdn.com/v4/letter/p/3e96dc/32.png) [@Princhester](https://boards.straightdope.com/u/Princhester)\
**Post date:** [February 23, 2017, 3:33am UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/8 "2017-02-23T03:33:09Z")

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> [@Tom\_Tildrum](#):
>
> $50 million to Swiss authorities still leaves the guy with $50 million of his own to set up house undisturbed in an undisclosed Alpine village.

Your ideas about Switzerland are rather odd.

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**Author:** ![hogarth](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hogarth/32/1773_2.png) [@hogarth](https://boards.straightdope.com/u/hogarth)\
**Post date:** [February 23, 2017, 3:48am UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/9 "2017-02-23T03:48:33Z")

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> [@DrumBum](#):
>
> ABB, A major European conglomerate, says one of its employees in [South Korea](http://money.cnn.com/2017/02/22/news/companies/abb-criminal-activity-south-korea/index.html) has stolen $100 million. That has got to be a record […]

For a private company, maybe. But the real big bucks are in kleptocracy!

EDIT: There’s also the Moldovan banks that had about $1 billion stolen; that’s pretty impressive.

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**Author:** ![quimper](https://avatars.discourse-cdn.com/v4/letter/q/7c8e57/32.png) [@quimper](https://boards.straightdope.com/u/quimper)\
**Post date:** [February 23, 2017, 9:39pm UTC](https://boards.straightdope.com/t/employee-steals-100-million/780511/10 "2017-02-23T21:39:10Z")

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[Brian Molony](https://en.wikipedia.org/wiki/Brian_Molony) embezzled (and gambled away) 10.2M CAD. They made a pretty good movie about him (Owning Mahoney)

[Bruno Iskil](https://en.wikipedia.org/wiki/2012_JPMorgan_Chase_trading_loss) (the London Whale) lost 6.2B for JPM, but AFAIK that was monumental arrogance/stupidity rather than outright fraud/embezzlement. There’s also the possibility that he was [just following orders](http://www.independent.co.uk/news/business/news/bruno-iksil-i-was-only-following-orders-says-london-whale-a6892606.html).
