investment fraud

Embezzlement Explanation (or rationalization) of the Day…

$10.4 million embezzlement, $10,400,000, stolen over a little more than three short years, to support a “significant gambling problem?” First, how much investments could a firm manage or maintain to not miss $10.4 million dollars?  I am left wondering how this amount was not missed for over three years, and how controls that I would expect implemented by any investment …

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