Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
I use Google alerts with the key word “embezzlement.” Google send me emails throughout the day with links to any News stories that appear regarding embezzlement. I receive anywhere from six to twelve emails, every day, with anywhere from one to five story links within each email. Many of the stories involve someone being arrested or charged with embezzlement, and …
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 …
I have posted previously on the importance of every employer to ensure employee dishonesty, employee fidelity and/or employee crime coverage is included within your current policies. Often this policy is the only means for recovery from an employee theft. Even if coverage is maintained, I am confident most insureds are unaware of two common limitations within the coverage should there …
I just finished a book I purchased on-line on employee embezzlement I highly recommend. Here are the specifics: Stopping Employee Theft: What Every Employer Must Know. R.W. Deckert ISBN # 0-9662640-0-2 This book was not what I expected. I thought this book would be another book written for the business owner audience on internal controls and segregation of duties to …