Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
Employers need to examine their insurance coverage to ensure sufficient employee crime coverage has been obtained. In a recent case an employee embezzled over $10,000. As the amount was growing towards $20,000 with no end in sight, we started to strategize how we would recover the diverted funds from our target. We determined the only hope of recovery was through the …
Continuing to receive taxpayer funds to replace their use of funds for personal benefit, why are we using taxpayer funds to support AIG? The politicians remind us of the poor folks struggling to maintain AIG’s financial health as they allow taxpayer funds to pour into the company. Why not feel sorry for them, beyond the lavish retreats, dinners and meetings …
Here’s one reason we should support using taxpayer dollars to bail out AIG ??? It makes no sense to me – using taxpayer funds (including my own taxes) to bail out AIG when they continue to spend as if nothing is wrong / business as usual. They can rationalize a justification all they want, but any other company or organization …
Why would members of a group whose mission is to oversee the police department choose to steal from the organization? The organizations individuals choose to victimize never stops amazing me. Was it a flawed victim selection process, or did the individuals really think they could pull it off without detection? My dad’s constant reminder growing up rings true here – …
CBIA’s Business Minute – I was fortunate to be interviewed for segments now airing. Last month I was interviewed regarding how to prevent and detect employee embezzlement. It was both interesting and frightening at the same time. Anyone who knows me knows very well that I love to talk about employee crimes. But having what you say recorded and used …