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 …
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 …
In studying why embezzlements and similar crimes seem to be growing in both size and frequency, I have been looking for other societal indicators to see if the problem is bigger than simply thieving individuals rationalizing their thefts. One indicator of society I have been monitoring over the last few months is motorists’ compliance with red light traffic signals. The …