An accounts payable audit has discovered that the former head of a nonprofit organization in Boston, Massachusetts, embezzled nearly $20,000 from its accounts.Read More
Bad intentions aren't always the source of embezzlement. In some cases, addictions, such as gambling, can be at the root of financial misconduct, and in these instances, ...Read More
A former employee of a dentist's office in Midland, Michigan, has been sentenced to three years in prison for her involvement in an embezzlement scheme. An accounts...Read More
A husband and wife have been arrested and charged with embezzling more than $360,000 from the organization where the wife worked as an office manager. They are also facing...Read More
Close monitoring of finances is particularly vital at banks and other financial institutions. In many cases, access to both company and customer funds is built into the...Read More
Every organization is susceptible to fraud if the correct preventative steps aren't taken. With the right financial controls in place, including the frequent use of to pay...Read More
Another case of fraud committed by a former bank employee brought to light the need for accounts payable recovery audits at organizations that handle consumers' money.Read More
All too often, companies put themselves in jeopardy by placing almost complete control of their finances with a single executive. When oversight of corporate bank accounts...Read More
Employee fraud can have disastrous consequences for small businesses - and without financial audit solutions, it can be very difficult to detect discrepancies in...Read More
