The document discusses services offered by Cygnus Security Consulting, LLC and the SMART Anti-Embezzlement Partnership to detect and prevent embezzlement. It notes that traditional audits often miss illegal activity, but their forensic specialists, which include former law enforcement, can find improper behavior through examining accounts, transactions, signatures, and surveillance. The partnership also provides educational programs to deter embezzlement.

1. The US embezzlement tsunami, a wave that keeps rising, can be stopped.
Traditional CPA audit teams generally lack the proper training to discover and thwart illegal activity in Towns,
Cities and Organizations.
Cygnus Security Consulting, LLC, and a cadre of trained forensic verification specialist comprised of MBA’S
CPA’s,current and former law enforcement officers and trained former law enforcement IT investigators can find
and stop illegal or improper activity. Sitting on the SMART Anti-Embezzlement Partnership Board of Directors
are Police Chiefs, Retired FBI staff, and retired Homeland Security professionals.
In 2011 the Marquet Report on embezzlement declared Vermont as the state with the highest propensity for
embezzlement in the nation. In addition, according to forensic investigator legend, Andrew Frisbie, “…as many
as five of every 10 electronic devices has suspect activity that should be investigated.”
Convicted Vermont embezzlers Thomas Hughes and Don Hewitt openly stated that most leaders fail to oversee
their employees adequately to prevent embezzlement. Once a person steals one time, they will steal again.
Until today.
Functioning as a police patrol car seen in a driver’s rear view mirror, the SMART Anti-Embezzlement Partnership
features products and programs that deters and discourages those apt to break the law.
Cygnus Security Consulting, LLC, operating in partnership with SMART Holdings USA under the leadership of
CEO, Michael J. Kipp, CPA with Douglas Babcock,MBA, as Program Director, provides reactive,proactive,
educative, and investigative services.
A sampling of what Partnership investigators examine:
Chart of Accounts
Vendor Accounts
Charge Accounts
Expense Accounts
Reimbursement Accounts
Reconcilement Discrepancies
Mobile Phone Analysis
E-commerce Transaction Analysis
Authorized Check Signatures Verification
Authorized Check Recipient Verifications
Trusted Employee Background Verifications
Video Surveillance
Individual Electronic System Tracking & Surveillance
And we offer comprehensive educational programs delivered by bonded employees.
Michael Kipp ◊ Chief Executive Officer ◊ SMARTvt.org ◊ Burlington, VT
www.smartvt.org ◊ email:mjkipp1@aol.com ◊ (802) 578-9008