fidelity

Less and less surprise me these days… :-(

NUN Accused of Embezzling $850,000 From College, Then Gambling It Away in Atlantic City “A Catholic nun broke one of the Ten Commandments by embezzling $850,000 from a suburban New York City college and gambling it away in Atlantic City, according to federal prosecutors.” To read the entire story, here’s the link: http://www.foxnews.com/us/2010/12/11/nun-embezzeled-k-college-gambled-away-ac/#ixzz1GFaHx8B6

Embezzlements: More Frequent or Better Detect Rate?

I use Google alerts with the key word “embezzlement.”  Google send me emails throughout the day with links to any News stories that appear regarding embezzlement. I receive anywhere from six to twelve emails, every day, with anywhere from one to five story links within each email.  Many of the stories involve someone being arrested or charged with embezzlement, and …

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PTO, School Groups Beware: Rash of Embezzlements Amoung These Groups

In monitoring embezzlement stories received via Google Alerts each day, I have noticed a constant stream of new embezzlement cases involving schools, school groups, PTO groups within schools, and other related victims. While thefts from these groups are not unusual, the amount of stories related to these groups in the last two weeks is alarming. “LAKE OSWEGO — A woman …

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Embezzlement within a hair salon: what volume did they do in this business?

The volume in this San Antonio hair salon business much have been tremendous for the owners to have not notice the alleged embezzlement of over One Million Dollars. It seems incomprehensible how a scheme this large could have occurred and for so long.  The only explanation I can find without access to more of the case details is that this …

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Woman Receives 20 Year Prison Sentence – For Embezzling?

Reading the morning Google News articles on embezzlement, I was truly flabbergasted when I saw this story. In my experience it has been difficult if not impossible to have a convicted embezzler see the inside of a jail cell.  If sentencing has included any jail time at all, it was common for the term to be very minimal, and frequently …

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