Automotive compliance expert Max Zanan wants to help dealerships and their owners and principals learn about store employees who might be syphoning funds or doing other unethical or unscrupulous activities.
This week, Zanan rolled out the Dealership Fraud Hotline, a new kind of whistleblowing automotive platform and hotline that can make it easier for dealership employees to anonymously report on fraudulent, illegal and damaging behavior.
Zanan explained this newly independent available hotline can help employees alert the company of illegal actions and inappropriate engagements that can jeopardize everyone’s jobs and livelihood. Dealerships can simply pay the yearly fee, sign up and receive a dealership ID number, as well as an employee memo that explains the entire program. Employees are then free to submit anonymous reports, which are immediately sent to the designated persons registered with each dealership.
Zanan insisted dealerships are like other American businesses that collectively lose $50 billion to employee theft per year.
“The most alarming statistic of all is that 75% of employees have stolen at least once from their employers,” Zanan said. “The reality is that most people are good and want to do the right thing. It’s that small percentage that can do irreparable damage to the dealership without the proper whistleblowing features in place.
“I’ve launched the Dealership Fraud Hotline to help dealer principals protect their assets, reputations and the future trajectory of their company,” Zanan continued. “It’s time for all dealership owners to be practical and pragmatic in their management approach. Spread the word on the launch of our fraudulent dealership hotline service today.”
The Dealership Fraud Hotline protection program is available at $365 per year per rooftop to all dealerships in the U.S.
More details can be found at www.dealershipfraudhotline.com.