Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
In my never ending search for the latest trends and information on embezzlement and financial crimes, I frequently find myself discovering unexpected fraud related “treasures”. Last night was no exception. I was preparing for an upcoming appearance at an medical conference. The theme – preventing and detecting employee theft and embezzlement. A simple Google News search using key words “embezzlement …
Funny how embezzlements seem to find me whatever I am doing. Believe it or not, although at my age I have had much opportunity, I had never watched the Christmas classic “It’s a Wonderful Life” staring Jimmy Stewart until the other night. Much to my surprise the movie centered around Stewart working at a bank, and $8,000 of missing money. …
Much has been written about the risks associated with employee embezzlement, especially in light of the current state of the economy, employment and the declined financial climate in general. Yet day after day I receive 10-20 new Google alerts of news stories involving embezzlement around the country. In this latest case capturing headlines due to the victim organization being the …
A recent commercial on tv highlighted a new app to be launched in the near future, perhaps as early as this summer. The app will allow a smart phone user to take a picture of a check to be deposited, and transmit the picture to their bank. The user will not have to physically go to the bank, nor present …
Flashback – London, July 1954. Henry Paulson (Charles Victor), a lead cashier in a small bank, has spent his entire life at the same bank, performing the same duties, married to the same person, performing the same daily routines – day in and day out. Nearing his late 50s, Henry is presented with a bleak medical prognosis. Distracted by flashy travel posters, …