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View our liability insurance RSS news feedUK Businesses cheated by expense claims

Posted on April 16th 2008

Research carried out by Travelodge has estimated that British workers are cheating UK businesses out of approximately £1bn a year on expense claims.

3,000 employees were surveyed on their expense claims and 18 admitted to swindling them. It averaged out that £17 a month was added to the expenses claimed, resulting it £204 a year of bogus expenses.

The two most common methods discovered for the fraudulent expense claims is filling in blank taxi receipts and adding extra mileage to car journeys, however hair extensions, lap dancers and even an office hamster is some of the shocking claims highlighted by the budget hotel chain's survey.

Only 8 of employees have been caught out by their employers and sacked, however 60 of businesses have been aware of the fiddling of expense claims at one time or another but have let it pass.

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