Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
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 …
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 …
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, …
As reported in the Journal Inquirer June 28, 2010, Connecticut joins the growing list of states and cities adopting what is termed the “ban the box” movement within the hiring process. The box the article is referring to is on the job application completed by each candidate. The question asks if the candidate has ever been convicted of a crime. …
The answer is yes, most employee embezzlement schemes can be prevented. There are practical measures any employer of any size can implement to prevent employee thefts and embezzlement. However, due to the very nature of fraud, creative employees working within an environment constructed with ineffective or non-existent internal controls, or worse, complacent supervisors and owners who simply do not perform the …