Devastated father says his 9-year-old son spent $118,000 on YouTube ads
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Unofficial Hacker News client; not affiliated with Y Combinator.
Devastated father says his 9-year-old son spent $118,000 on YouTube ads
Unofficial Hacker News client; not affiliated with Y Combinator.
joshstrange · · focus · HN ↗
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”?
fps-hero · · focus · HN ↗
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).