How Strong Internal Controls can Save Nice People
Strong internal controls can save businesses and employees a great deal of pain. I was walking up the stairs…
Understand Segregation of Duties and How to Create It
What is segregation of duties and how can you achieve it? In this post, I answer these two questions….
Preventing Church Theft: Tips and Best Practices
Church theft happens, and it’s not uncommon–though I wish it was. Pastors, deacons, church members, priests, and even nuns…
Secret Bank Accounts Cause Fraud Losses
Secret bank accounts lead to havoc. Substantial losses can occur when unauthorized bank accounts are opened by company personnel. …
Thefts of Cash From Local Governments
Thefts of cash from local governments is common. How many times have you seen a local newspaper article like…
Collin Street Bakery Fraud: $16 Million
Sandy Jenkins, a controller, stole $16 million from the Collin Street Bakery. You read that right. A bakery. Today…
Fictitious Vendor Fraud: How to Prevent It
Twenty-four percent of governmental frauds are billing schemes such as fictitious vendor theft, so says the Association of Certified…
Expense Fraud: An Honest Theft
Honest people steal. Nice, innocent looking people take money that’s not theirs. How? One way is expense fraud. The…
How a Simple Fraud Scheme Sinks a City: Rita Crundwell
Is it possible for one person to steal over $53 million from a city with an annual budget of…