Victimizing the Victim – A First For Me In Over 20 Years

Just when I thought I had seen close to everything, and the worse in people…

I recently finished an embezzlement case, and since the individual who handled all the financial aspects of this company for the retirement-aged owners was terminated for stealing, the owners turned to a well-known temporary agency to solicit help running their business.

Today I received the call I should have expected but never saw coming.  My client, the original victims of their office manager’s embezzlement, were back at the police station, filing a second complaint on a new matter.  Figure it out yet?

Unbelievable, the individual brought in from the temp agency has been embezzling from the company while helping them complete the investigation and implement internal controls to prevent such a theft from ever occurring again.  The individual purportedly has been writing checks to themself and forging the owners’ signatures – in a time when they have little to no funds due to the last embezzlement.

At a time where I am trying to become less cynical, how can the person brought in from a well-known agency to help retirement-aged owners recover from an embezzlement, stealing the little funds they had left to operate their business.

If the business closes, which is highly likely given their dire cash situation, what do we tell all the folks loosing their jobs, let alone the owners loosing their business?

The time is long overdue for the courts to lock folks like this up.

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2 Pings/Trackbacks for "Victimizing the Victim – A First For Me In Over 20 Years"
  1. […] Accounting Finance Job wrote an interesting post today. Here’s a quick excerptJust when I thought I had seen close to everything, and the worse in people… I recently finished an embezzlement case, and since the individual who handled. […]

  2. […] – A First For Me In Over 20 Years … Posted by on November 06, 2010 Uncategorized Accounting Finance Job wrote an interesting post today. Here’s a quick excerptJust when I thought I had seen close […]

We have the resources to get to the bottom of your most complex financial matters. Our team of forensic accountants brings a varied background of experience to each matter.

Heading the team is Stephen A. Pedneault. A CPA and forensic accountant, Steve is also a Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF) and is a Forensic Certified Public Accountant (FCPA). He brings nearly three decades of accounting and fraud investigation experience to the firm.