The craziest part of this story, for me, is it was on the dad’s _company_ credit card. Which might not be as surprising except the reason it was already on file is because the dad used his company’s (not _his_ company, the company he works for as an employee) credit card to buy Roblox for his son previously.
Is this common? I’ve had access to company credit cards before on a one-off basis (never in my name). Do people legitimately make this mistake? “oops, I put it on the company cards”?
>Is this common? I’ve had access to company credit cards before on a one-off basis (never in my name). Do people legitimately make this mistake? “oops, I put it on the company cards”?
It's worse than that, because he specifically entered the company card to pay for robux. It's not like he added the company card for an earlier (company) purchase and then it accidentally got used.
>Dave said he entered the company card himself to buy Robux for his son, and it then sat saved on the Google account that also carries his work email, calendar, and files. Dave did not say why he used the company card for that purchase.
Moreover I can't think of any reason why he would be using the company card in the first place. In any company with proper controls you'd have to justify every expense and/or reimburse. It's just simpler to use a personal card, unless he was trying to embezzle some money.
> Do people legitimately make this mistake? “oops, I put it on the company cards”?
i've done this with like a cup of coffee but not something like a game for my kids! What happens in my case is the charge is not approved for reimbursement and it's up to me to pay the bill. I feel bad for that father.
edit: it's a corporate card but it's in my name so I can actually charge whatever i want but the company only reimburses approved charges, whatever is left over is up to me to pay. As a sibling comment said, what everyone does is use their regular personal cards for the rewards/loyalty points and then submit receipts for reimbursement manually. In consulting where you travel a lot this can be thousands per month in rewards.
Small business, but basically everyone gets a card. We do not have a procurement department, so we are responsible for our spending. The card is in our name so we would be legally responsible for any purchases made using it.
It helps reconcile purchases orders, and on the accounting side for purchases that aren’t directly attributable to something we track in the ERP.
The dangerous part is effectively it’s tied to virtually unlimited credit without oversight, but it’s a serious criminal offence to miss use it so no one is going to purposely use it for personal expenses (embezzlement/fraud).
I have a company card on a permanent basis. I have not added it to Apple Pay exactly for this reason, I don’t want to risk accidentally selecting it for a private purchase.
I used to have a company credit card which I didn't use much--and avoided using whenever I could because I got more personal benefits on my own card (and that was a pretty universal attitude among most people to the annoyance of the powers that be). We were personally responsible for the monthly bills ourselves in any case. Never had a corporate card that the company just paid off no questions asked.
He also says in the video that he spent 20$ with the company card on ads. (which probably made it much easier for the kid to spend much more on it)
I havent had a company card for a while, but when i had one the end of the month auditing was exhausting, I dreaded having to put together the report... Unfortunately for me, no one else wanted to take on the responsibility so I just had to do that for years...
> Is this common? I’ve had access to company credit cards before on a one-off basis (never in my name). Do people legitimately make this mistake? “oops, I put it on the company cards”?
A very good friend was in IT support... Clients were visiting the country and his boss couldn't take care of the clients (last minute family issue or something). Somehow he tasked my buddy to "entertain" the clients and gave him a company card.
My friend went berzerk: restaurant, then too many drinks in pubs, then titties-club with champagne bottles etc.
He hardly remembered a thing in the morning and he exploded the company credit card spendings (not $118 K but well into the 5 digits).
The boss told him: "Oh well, at least the clients had fun". And my friend didn't get fired (which he thought he would).
Don't know if it's common but I take it's not that rare.
if you can get away with putting it on the company card why not? (other than that time ayour 9 year old son spent 118k) hehe
I had a company card in the name of the company. The company was reimbursing it. I was supposed to file expense claims and they should match the reimbursement.
I had very high spendings so it would have been easy to smuggle something. I never did that because it is simply stealing.
I now have a company card at my name. The company bears the cost and it has an extended reimbursement time. I have to reimburse it so it is in my interest to file expense claims quickly. But I could use it for anything.
I'm pretty sure I'm allowed to put personal expenses on my company card but I anyway always have to upload a receipt and for personal expenses I will have to reimburse them (FAANG).
This isn't a bad system because it allows for use in case of absolute emergency, but you have the safeguard of anyway requiring a receipt and a justification.
I have always had company cards. I never used them except when forced. It’s not a mistake to use it unless you have no business working in a job where you have access to someone else’s money.
Some people are not very smart.
Robux has a lot of abuse, so is more likely to deny a legitimate transaction as a false positive. He probably used his own credit card first, it didn't work, and then used his backup card, the corporate card, instead. Then claimed it as a personal expense and paid it back.
Corporate cards are generally set up to allow this. If you're traveling on company business, there's a relatively high chance your personal card gets denied. Especially when on corporate travel -- if you use the corporate card for airplane, hotel and car, the personal card use for souvenirs looks a lot more like stolen card use. Companies don't want employees inconvenienced while on company travel, so they allow use of the company card for personal expenses as long as the expenses get properly claimed and paid back.