Battle on Fraud

The Game Of Monopoly: Preventing Fraud?

How can a well-known board game, such as “Monopoly”, help prevent fraud and embezzlement? Per the instructions: “The Banker.  Choose a player to be the Banker who will look after the Bank and take charge of auctions.  It is important that the banker keeps his (or her) personal funds and properties separate from the Bank’s.” Great instructions.  Also, great lessons …

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Santa Wasn't The Only One Busy Christmas Eve: Embezzlement

Embezzlements occur throughout the year, and Christmas season is no exception.  In fact, in my experience the rate of theft and embezzlement is greater in the November and December time period, commonly with the illicit proceeds used to fund holiday shopping for family and friends.  Many of these thefts may not be discovered until the Spring, or even later. In …

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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 …

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In the news…

An article appeared today written by David Katz of CFO Magazine that features an interview he had with me regarding the state of the union on employee embezzlements. Complacency seems to have settled in within some organizations who had well designed and operational internal controls, but over time lost compliance and oversight, leading the the creation of opportunities for individuals …

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Financial Crime – On An Upswing?

Lately we have been inundated with calls for new matters involving thefts and other financial matters.  Just having finished writing up another embezzlement investigation, there remains one for me to document and two in progress waiting on the last pieces of information.   Two more are waiting to be started.  We just completed 8 to 9 cases of theft or embezzlement, …

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