Cyber Risks · Krebs on Security

Why Paper Receipts are Money at the Drive-Thru

Summary: A Jimmy John's franchise owner in Sunset Hills, Missouri closed his store and fired its husband-and-wife managers after allegedly discovering they embezzled nearly $100,000 in cash payments by taking drive-thru orders, making change, then deleting the orders before the system could complete them and print a receipt. Owner Steve Saladin grew suspicious after covering the couple's Monday and Tuesday shifts and noticing cash receipts on those nights were substantially larger than when he was not manning the till, and he then had friends go through the drive-thru to confirm no receipts were issued for cash payments.

Key Takeaway: The loss came on top of the $115,000 in annual salaries he paid the two managers, and he still owes his franchisor a fee for each stolen transaction - a reminder that a control as basic as requiring a receipt can be the difference between catching a six-figure theft and funding it.

Read the original at Krebs on Security ↗

Topics
Phishing & Social Engineering
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