Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
Larceny is a legal term for theft or stealing, the taking of another’s property for personal gain with no intent to return the property (permanently deprive rightful owner of their property). Embezzlement is a form of larceny, with some unique characteristics. Embezzlement involves an individual using (and exploiting) a position of trust and opportunity, committing theft acts over time, with …
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
Economy improving? Property crimes under control. I personally don’t think so. Just in the last few days, I have determined that you can’t take your eyes off of anything, regardless of past practices. What has changed? Last week during a Boy Scouts meeting, as the meeting was underway, my son’s boy scout uniform (just back from having patches sewn on) …
There was a marketing campaign in Connecticut aimed towards preventing drinking and driving. It went along the lines of “Thinking about drinking and driving? Consider the Chaser.” The ad ended with images of police and police cars stopping a drunk driver. I thought the ad was a well-executed play on words. “Consider the Chaser” related to a drink following a …