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Business119 words1 min read

Prudential Fires 64 Sales Staff Over Money Fraud Case

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Prudential Life Insurance is a company in Japan. It sells insurance to people.

The company found a big problem. Some sales workers took money from customers in a bad way. This is called fraud.

Prudential punished 157 workers. The company fired 64 sales workers. This means they lost their jobs.

The company also stopped 68 workers from doing their jobs for some time. This is called suspension.

Prudential held a press conference about the problem. This is a meeting where a company talks to news reporters.

One former worker said some workers had big debts. One person said they owed three million yen.

The former worker also said high pay was only for some workers, not everyone.

Vocabulary15 words

fraud
taking money from someone in a bad, dishonest way
fired
told to leave a job
suspension
a short stop from doing a job
press conference
a meeting where a company talks to news people
insurance
a plan where you pay money so a company helps you if something bad happens
debt
money that a person must pay back
sales staff
workers who sell things
punished
given a bad result for doing something wrong
scandal
a bad event that many people know about
customer
a person who buys something
yen
the money used in Japan
company
a business that sells things or services
former
not anymore; in the past
problem
something bad that needs fixing
pay
money a worker gets for working

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Quiz

1. What did Prudential do to 64 sales workers?
2. How many workers in total were punished?
3. True or False: A former worker said high pay was for everyone.

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Prudential Life Insurance is a _____ in Japan. It sells insurance to people.

The company found a big problem. Some sales workers took money from customers in a bad way. This is called _____.

Prudential punished 157 workers. The company _____ 64 sales workers. This means they lost their jobs.

The company also stopped 68 workers from doing their jobs for some time. This is called _____.

Prudential held a _____ about the problem.

One former worker said some workers had big _____.

One person said they owed three million _____.

The former worker also said high _____ was only for some workers, not everyone.

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