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
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
According to the Mediapost Agency Daily, an embezzlement scheme may be at the center of KSL Media's bankruptcy. The independent media company recently reduced its staff to...Read More
Accounts payable audits can be essential tools for bouncing back from internal fraud. When an employee is found to be misappropriating funds, it's important that the...Read More
Embezzlement is not often a crime committed by seasoned thieves, and this is one of the factors that make these incidents so hard to anticipate. While doing a background...Read More
