Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
Payroll fraud schemes have been coming up second to thefts of cash receipts in my experience. Here’s one from this week. It appears she has stolen from four different employers. Thursday, October 23, 2008KC woman gets five years for embezzlementA Kansas City woman was sentenced Thursday to five years and five months in federal prison for embezzling from two former …
Employees stealing customer payments and other receipts has been the hottest area for employee thefts in my past few years experience. Here’s yet another example. Setting up a bank account in the name of your employer, or a name similar to your employer, at a bank not used by your employer, is a common method for employees with access to …
Convicted con Barry Webne turned fraud prevention expert – I don’t think so. I met this ex-con a year ago when he was addressing a seminar I attended. I was offended that he, like so many other ex-cons, was provided a platform in a seminar designed for fraud experts. Any one who knows me well knows where I stand on …
We have become subjected to automated check-outs, bar code scanning and electronic payments for most purchases. Given our busy schedules, how close do you monitor your store receipts? Tonight was a tight schedule night. Pick up my kids, visit our local fast food for supper on the run, and then over to a basketball game. Just enough time if someone …
Why is it that fraudsters and identify thieves target the elderly? The schemes seem to prey on their vulnerabilities in the hope they are less informed. In the latest scheme to resurface in our area, fraudsters call seniors pretending to be a grandchild who has been traveling and was injured in an accident. The caller asks the potential victim to …