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Assume two of your employees

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Assume two of your employees, Fred and Wilma, have been using your company's resources, computers and work time to solicit your clients/customers for their Ponzi scheme. Your clients/customers lose all the money they invested with Fred and Wilma. You only become aware of the scheme when Fred and Wilma are arrested. They now face criminal charges for their fraudulent scheme. The clients/customers who lost their money are going to sue you and your business. Could your business have liability? Could you have personal liability? Explain.

Reference no: EM131767708

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