Category archives for Embezzlement and Internal Fraud

December 14, 2018 |

0 comment Read more >

When Reality Bites

A Betrayal of Trust Recently I picked up the newspaper and an article’s bold headline “Nuns Embezzled From School For Vegas Trips“ caught my attention. A true example of when reality bites. The article told of two nuns who worked for decades at a Catholic school in California being accused of embezzling a substantial amount of money […]

February 1, 2018 |

embezzlement, Embezzlement and Internal Fraud, Uncategorized |

0 comment Read more >

Embezzlement Cases Cost Companies an Average of $1.13 Million

Be forewarned that embezzlement crimes are happening to every kind of organization imaginable! As shocking as it may seem, according to a 2017 study by global specialty insurer Hiscox, last year workplace embezzlement cases cost companies an average of $1.13 million. Even as you read this, an embezzler or another internal fraudster may be ripping […]

September 5, 2017 |

embezzlement, Embezzlement and Internal Fraud |

2 comments Read more >

Think Acts of Embezzlement Are Not Thriving in Houses of Worship? (E-4)

Think acts of embezzlement are not thriving in houses of worship throughout the United States? If you answered no, well think again! To help prove my point, let’s start by simply “googling” Church Embezzlement, and don’t be surprised to find results reading somewhere around 499,000. Next, let us take a brief look at five church-related […]

August 4, 2017 |

Embezzlement and Internal Fraud |

0 comment Read more >

Six Tips to Reducing Employee Credit Card Abuse (E3)

If you think business credit card fraud in operations such as yours is not a problem, think again. This form of internal fraud/embezzlement is not only widespread — it’s legendary. Simply Google the words, “business credit card fraud” and don’t be surprised to find results showing “about 16,200,000”. My studies show that any employer’s credit […]

July 26, 2017 |

embezzlement, Embezzlement and Internal Fraud |

0 comment Read more >

Embezzlement . . . What Went Wrong? (E2)

Acts of employee embezzlement can and does cripple and destroy entire organizations, whether it be the smallest little league operation or largest multi-billion dollar corporation, medical facility or private practice, school or university, religious or non-profit organization, law enforcement or government agency. All organizations, without exception, are vulnerable to acts of employee embezzlement. Perhaps you […]

July 13, 2017 |

embezzlement, Embezzlement and Internal Fraud |

0 comment Read more >

Embezzling Warning: Here’s How Your Workplace May Be At Risk (Post E1)

Even as you read this, an embezzling or other internal fraudster may be ripping off your organization. I mean right this minute! But how would you know? That is the question, is it not? If you believe your operation is not at risk to embezzling, be forewarned these crimes are happening to every kind of […]

June 28, 2017 |

embezzlement, Embezzlement and Internal Fraud |

0 comment Read more >

Embezzlement: A Multi-Trillion Dollar Crime

The world has always had a goodly share of liars, cheats, thieves and embezzlers. However, embezzlement crimes by highly trusted employees have reached an all-time high. These ultimate betrayals of trust show no signs of reversal unless a dramatic change takes place throughout the business world. These crimes are happening to every kind of organization […]

April 19, 2016 | post categories

embezzlement, Embezzlement and Internal Fraud | post comments number

0 comment Read more >

$5.7 Million Embezzlement Scheme

This morning I received an Immediate Release notification from the Department of Justice, U.S. Attorney’s Office, District of Minnesota about an embezzlement scheme. In bold print, “Former CFO Of [City] Industrial Contractor Charged With Embezzling More Than $5.7 Million” The story behind this alleged scheme differs little, if any, from those crimes that I have […]