warning icon
YOUR BROWSER IS OUT OF DATE!

This website uses the latest web technologies so it requires an up-to-date, fast browser!
Please try Firefox or Chrome!

Tag archives for bookkeeper

post dateJune 28, 2018  |   post categoriesUncategorized  |   post comments number0 comment Read more  >
6 Tips to Help Reduce Business Credit Card Abuse Common Sense – the Key to Prevention

A former administrative assistant for [employer] was recently sentenced to three years in state prison for charging $243,000 on a company credit card for luxury personal items at upscale retailers including Gucci, Louis Vuitton, and Victoria’s Secret. The [defendant] worked mostly from home, arranging employee training, travel, and parking while between 2013 and 2016. She […]

post dateFebruary 1, 2018  |   post categoriesembezzlement, Embezzlement and Internal Fraud, Uncategorized  |   post comments number0 comment Read more  >
embezzlement cases
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 […]

post dateAugust 4, 2017  |   post categoriesEmbezzlement and Internal Fraud  |   post comments number0 comment Read more  >
business credit card fraud
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 […]

post dateJuly 26, 2017  |   post categoriesembezzlement, Embezzlement and Internal Fraud  |   post comments number0 comment Read more  >
employee embezzlement
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 […]

post dateJune 28, 2017  |   post categoriesembezzlement, Embezzlement and Internal Fraud  |   post comments number0 comment Read more  >
Embezzlement crimes
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 […]

post dateJune 9, 2016  |   post categoriesUncategorized  |   post comments number1 comment Read more  >
What’s Happening?

Hi Folks: Something is wrong with my blog site! Over the past few weeks I have not received a single post regarding my published articles. When I say not a single feedback message, I mean zero, zilch, zip, nothing in feedback. While in the past I received approximately 100 responses per week regarding those articles […]

post dateApril 19, 2016  |   post categoriesembezzlement, Embezzlement and Internal Fraud  |   post comments number0 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 […]

post dateMarch 24, 2016  |   post categoriesUncategorized  |   post comments number0 comment Read more  >
Here We Go Again!

Folks, as you know I previously wrote two posts (3-17th and 3-4th ) relating to poor internal controls and insufficient management oversight/monitoring. Well, once again I am posting another embezzlement crime that should not have happened: First, it is important to say that this scheme was able to take place over a period of thirteen […]

post dateMarch 4, 2016  |   post categoriesUncategorized  |   post comments number0 comment Read more  >
The Alarming Facts — Multiple Tasking

American businesses are in a dire situation! As the economy fails to improve, troubled businesses are taking a number of drastic steps to survive. High on their expense-reduction hit list are cutbacks in personnel. Staff reductions generally mean that existing employees must take on additional responsibilities and workloads. Many times this means that internal controls […]

Site secured by Wayne Smiley Design