< Richmond Plywood sues ex-payroll employee over $1.2 million fraud - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Richmond Plywood sues ex-payroll employee over $1.2 million fraud

Richmond Plywood Corp. Ltd. is suing its former payroll administrator Marilou Ilao, the Bank of Montreal, ADP Canada Co. and auditor KPMG Inc., claiming Ilao defrauded the employee-owned company of more than $1.2 million between 2003 and 2014. Richmond Plywood (Richply) filed a notice of civil claim in BC Supreme Court on May 20. The company claims the fraud was discovered in May 2014 when an employee requested a record of employment before a sick leave. 

Employee fraud 

Richmond Plywood seeks damages for fraud, breach of contract, unjust enrichment and conversion. The defendants had not filed responses to the claim by press time and none of the allegations have been proven or tested in court.

Read the full article at Richmond News.