Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
A case of reverse Robin Hood – steal from the poor to become rich. “Kentucky woman pleads guilty to embezzling from Little Sisters of the Poor, Facing Prison Time.”“A former bookkeeper for the Little Sisters of the Poor pleaded guilty Monday to embezzling more than $300,000 from the charity and using the money to buy herself a new car, among …
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
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 …
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 …
How can a well-known board game, such as “Monopoly”, help prevent fraud and embezzlement? Per the instructions: “The Banker. Choose a player to be the Banker who will look after the Bank and take charge of auctions. It is important that the banker keeps his (or her) personal funds and properties separate from the Bank’s.” Great instructions. Also, great lessons …