At a medium-sized private textile company, the CEO prided himself on his benevolence to his employees. He even created a non-profit Foundation which provided college scholarships for the children of plant workers. Though each scholarship was only $1000, for the very poor it did provide assistance in helping them achieve their dreams. Each year, the winners were proudly announced in the company newsletter.
After several years, my old computer died and I needed a new one. The IT guy brought in a used computer from Accounting for me to use. I soon found that this computer had been used for running the Foundation. The IT guy hadn't wiped the hard drive and so I was left with lots of information.
As I reviewed the documents (of course I looked), I noticed the CEO's children's names popping up quite frequently--like once a month. They weren't even in college, so it didn't make sense. And the numbers were much larger, too.
A little digging revealed he was paying his kids' private school tuition out of the Foundation, to the tune of $25,000 per year for three kids!
Strangely, this one didn't make the company newsletter.