Ex-bookkeeper is charged with embezzling $9.9 million from her company
http://www.msnbc.msn.com/id/29572722/
A startling case from earlier this year where the CFO of a small company stole nearly $10 million over a 6 year period. As with most fraud cases in small businesses, someone outside the company eventually discovered the theft. The company also had to cut staff to help recover from the financial losses.
on August 25, 2009 at 1:17 pm
admin said:
This is an interesting story with an all too familiar set of circumstances… trusted insider steals money and is discovered by someone outside the company years later… beware!