Is this illegal?

[Diddums]

Purely hypothetical but something I've wondered for a while.

You're in charge of procurement at your company. You know suppliers and can get good prices for products.

Instead of simply ordering from them, you set up another company. That company purchased the products, and sells to your employer at profit.

Is this legal?

 

[Diddums]

Hmmmm.


Tricky one then. I suspect there are ways of doing this correctly, but I wouldn't want to mess my employer around, but I do love a bit of profit, so dunno really. It was something I could potentially have pursued but tbh it would take a lot more time and effort than I'd be willing to put in to it.

 

[Diddums]

Ja that was my thinking too, but nothing asked is nothing gained. I can still source the product cheaply though so might sell it to others provided I can get all the right certifications in place.

 

[Diddums]

Well there goes that idea. Cheers all

 

[Diddums]

The fact you had to ask such a dumb ass question in the first place makes me fear for the people you're in charge of at work.

That's ok, I'll file your concerns in the appropriate place


Now make make me a cuppa tea eh?

 

[Diddums]

Yeah I hope you file it in the same place this idea should have went into.

This is just as dumb as your recording an employee idea.

Ah so you're a fan then? I'm flattered, never knew I had followers

 

[Diddums]

Not sure why you don't just do your job properly and then use the savings as evidence to progress/why before just doing that you consider whether or not you can get away with conning your company.

Tbh it was purely hypothetical, this is what I would do anyway but was just wondering if it was legal or not. Some folks (not you, but teaboy over there to example) seem to have interpreted my post as "I want to do this, how can I do it?". Bit odd really, apparently curiosity means intent

 

[Diddums]

It's not hard to remember the odd member posting silly questions that stand out. I'm sure I am not the only one who remembers that classic.

Isn't it amazing? Learning stuff? I mean, I'm sure you were born with every piece of knowledge required for your entire life but for those of us who are forging a life along an unknown path, being curious and asking questions is a great way of avoiding cockups.


Who'da thunk it eh?

 

[Diddums]

Cashback applied after the fact.

I.e. i will give you say 10% cashback, if you pay me £1000 for goods or services, i will give you £100 in cash.

So bribery then. Or "rebates", the legal term for bribery.