This document provides information about Daniel Healy, a CPA with experience in fraud prevention and auditing. It includes his professional experience working for various companies, education background, and a publication. It also contains sections on embezzlement, fraud prevention controls, and recent embezzlement cases from the local area totaling over $2 million. The document advocates for establishing proper segregation of duties and tone at the top to reduce fraud opportunities.
The Rotary Club of the Hills-Kellyville weekly bulletin provides the following information:
1) The last meeting included a presentation from Christine Bauer from the Westmead Medical Research Foundation about the foundation's work fundraising over $750,000 last year for research programs at Westmead Hospital.
2) Upcoming events include the Club Changeover on June 23rd and a tour of the Bunnings Castle Hill Warehouse on June 19th.
3) International stories include an update on water filters provided to families in Thailand affected by floods, and Bill Gates meeting with Rotary International India to discuss polio vaccination efforts.
This document contains contact information for Anthony V. Rioles including his permanent and present addresses and phone number. It also lists additional references including their names, roles, and contact information. The references are associated with organizations like the Keene Chamber of Commerce, Keene Swamp Bats, Springfield College, and Coventry High School.
Conflict is everywhere and can damage relationships if not properly addressed. Peacemaker Ministries is hosting a Conflict Coaching & Mediation Training Event from January 19-21, 2012 at Oak Mountain Presbyterian Church in Birmingham, AL to teach attendees how to coach others through conflict by applying biblical principles of peacemaking. The training will cost $137.50-$167.50 for conflict coaching or $570.50-$620.50 for both conflict coaching and mediation if registered by November 17, otherwise prices increase after that date.
12.5.28 upper arlington chamber of commerce e newsletter - diversity ranking ...hmhollingsworth
Article about AT&T's recent ranking by DiversityInc recognizing the diversity initiatives undertaken by the company, as reported in the Upper Arlington Chamber of Commerce e-newsletter to members and supporters on May 28, 2012
This document is a newsletter from the local Conservatives in Greetland & Stainland. It discusses three main topics: [1] the potential sale and demolition of the historic Stainland Mechanics Institute building, and efforts to ensure any sale benefits the local community; [2] support for local organizations assisting those struggling with debt issues; and [3] empowering local communities to take responsibility for local services and facilities.
This document announces a seminar featuring Teepa Snow, an expert in dementia care, to be held in Santa Rosa, California. The free seminar will address promoting wellness for those diagnosed with Alzheimer's, creating meaningful experiences, and changing perspectives on Alzheimer's. It will provide 6 hours of continuing education credits. Teepa Snow is also scheduled to speak at similar seminars in Oakland, San Francisco, Walnut Creek, San Jose, and Morgan Hill around the same time.
It is all about social and professional issues in computing.In today's era its really important to understand how a fraud happens.The presentations also helps to differentiate between fraud and embezzlement.Categories of frauds are also available in this section.
Part II of our Three-Part Nonprofit Fraud Seminar offered by Senior Partner, Larry Hoffman from the Raffa Audit Group. In this seesion, you will learn about:
- How to detect fraud perpetrators - is it possible?
- What are the red flags of fraud?
- Fraud detection techniques and how to employ them in your organization.
- What to do when you uncover a fraud, and;
- Important takeaways.
The Rotary Club of the Hills-Kellyville weekly bulletin provides the following information:
1) The last meeting included a presentation from Christine Bauer from the Westmead Medical Research Foundation about the foundation's work fundraising over $750,000 last year for research programs at Westmead Hospital.
2) Upcoming events include the Club Changeover on June 23rd and a tour of the Bunnings Castle Hill Warehouse on June 19th.
3) International stories include an update on water filters provided to families in Thailand affected by floods, and Bill Gates meeting with Rotary International India to discuss polio vaccination efforts.
This document contains contact information for Anthony V. Rioles including his permanent and present addresses and phone number. It also lists additional references including their names, roles, and contact information. The references are associated with organizations like the Keene Chamber of Commerce, Keene Swamp Bats, Springfield College, and Coventry High School.
Conflict is everywhere and can damage relationships if not properly addressed. Peacemaker Ministries is hosting a Conflict Coaching & Mediation Training Event from January 19-21, 2012 at Oak Mountain Presbyterian Church in Birmingham, AL to teach attendees how to coach others through conflict by applying biblical principles of peacemaking. The training will cost $137.50-$167.50 for conflict coaching or $570.50-$620.50 for both conflict coaching and mediation if registered by November 17, otherwise prices increase after that date.
12.5.28 upper arlington chamber of commerce e newsletter - diversity ranking ...hmhollingsworth
Article about AT&T's recent ranking by DiversityInc recognizing the diversity initiatives undertaken by the company, as reported in the Upper Arlington Chamber of Commerce e-newsletter to members and supporters on May 28, 2012
This document is a newsletter from the local Conservatives in Greetland & Stainland. It discusses three main topics: [1] the potential sale and demolition of the historic Stainland Mechanics Institute building, and efforts to ensure any sale benefits the local community; [2] support for local organizations assisting those struggling with debt issues; and [3] empowering local communities to take responsibility for local services and facilities.
This document announces a seminar featuring Teepa Snow, an expert in dementia care, to be held in Santa Rosa, California. The free seminar will address promoting wellness for those diagnosed with Alzheimer's, creating meaningful experiences, and changing perspectives on Alzheimer's. It will provide 6 hours of continuing education credits. Teepa Snow is also scheduled to speak at similar seminars in Oakland, San Francisco, Walnut Creek, San Jose, and Morgan Hill around the same time.
It is all about social and professional issues in computing.In today's era its really important to understand how a fraud happens.The presentations also helps to differentiate between fraud and embezzlement.Categories of frauds are also available in this section.
Part II of our Three-Part Nonprofit Fraud Seminar offered by Senior Partner, Larry Hoffman from the Raffa Audit Group. In this seesion, you will learn about:
- How to detect fraud perpetrators - is it possible?
- What are the red flags of fraud?
- Fraud detection techniques and how to employ them in your organization.
- What to do when you uncover a fraud, and;
- Important takeaways.
Over 200 people attended the 5th Annual Petoskey Regional Chamber of Commerce State of the Community Luncheon held today in Ovation Hall of Odawa Casino Resort. This event was sponsored by Chase. We send special thanks to our speakers; Dr. John Scholten, Chris Etienne, Reezie DeVet and Carlin Smith. We also thank Dan Ledingham, who serves as Chairman of the State of the Community Luncheon
Charles Holman has over 40 years of experience in construction operations, project management, and procurement. He has held leadership roles at several construction companies in Michigan, Ohio, and North Carolina. Holman has a BS in Mechanical Engineering and graduate coursework in business administration. He has extensive skills in project management, design/build, construction management, estimating, bidding, and more. Holman has managed a variety of construction projects totaling over $2 billion, including educational facilities, multi-family housing, healthcare buildings, industrial plants, and more.
The document provides information about Wangsness, Ogdahl & Associates Accountants & Auditors and discusses why they are better than national chain tax preparation services or online tax software. It lists six reasons including tax planning advice throughout the year, having the same tax preparers each year who get to know your situation, not requiring refund anticipation loans, being available all year for tax questions, retaining records for clients, and covering any tax law changes after filing returns. The document also summarizes local news stories about a Pheasants Forever chapter raising $750,000 for conservation, the first baby of the year at a local hospital, a bank receiving an award for community involvement, and the DNR warning about variable weather creating unsafe
This document lists over 100 organizations that have received grants while celebrating 20 years of grant making. It recognizes a variety of organizations including schools, non-profits, community groups, and religious organizations from the Mt. Pleasant, Michigan area.
A Quick Look at Muncie Grantees and GrantmakersRebecca Parker
Hey Munsonians - if you're looking for something more than a quick grant-seeking how-to, you're in the right place. Check out this presentation for gobs of useful data to give you a better overview of the nonprofit grant funding landscape in Muncie!
The annual report of Room at the Inn summarizes their activities from 2013-2014. It provided shelter to around 200 people total, most of whom were children. They served over 18,000 meals and gave out over 1,100 bus passes to clients. Room at the Inn relies heavily on volunteer support, receiving over 30,000 volunteer hours from 2,200 individuals across 57 congregations. Financially, they received over $400,000 in grants and contributions, spent most funds on services for clients, and ended the fiscal year with a small increase in net assets.
This document summarizes information about Big Brothers Big Sisters of Lake, a mentoring organization that matches adult volunteers with children ages 6-14 from single-parent homes. It provides statistics showing that mentoring improves children's outcomes in areas like drug use, alcohol use, school attendance, and violent behavior. It describes the local program's operations, including community and site-based programs, annual budget, and various fundraising events. It encourages support through donations, volunteering as a mentor, and attending upcoming fundraisers to help serve more children through mentoring.
Rural Community Economic Development through Service Learning: A Pedagogical ...Berea College
Berea College, Entrepreneurship for the Public Good Program displays a five-year pedagogical approach with a focus on service learning for Liberal Arts undergraduates. This 8 week summer institute combines two courses or competency-based, credit bearing educational experience in which students: (a) participate in mutually identified service activities that benefit the Appalachian community, and (b) reflect on the service activity in such a way as to gain further understanding of Appalachian Studies, a broader appreciation of the entrepreneurial leadership discipline, and an enhanced sense of personal values and civic responsibility. This case study integrates the growing popularity of adventure tourism, ecotourism, and heritage tourism and contains the potential for building an alternative economy, one that promises greater monetary returns for local residents, the preservation of rural traditions, and the protection of sensitive natural resources. Three travelers and tourist "personas" into Eastern Kentucky are demonstrated. This presentation was created for the 2013 Gulf South Conference in Louisville, KY on February 27th-March 3rd, 2013.
The Holy Trinity Interparochial School Home & School Association aims to support students, parents, and the school through fundraising, community building, and communication. It is comprised of parents and teachers. Funds raised through events like the Kitchen Tour and Trinity Rocks support the school's operating budget, projects, and programs. The Association also organizes extracurricular activities and sports teams for students. In the coming year, it seeks help with specific events and recruiting volunteers.
Wesley Chapel Mission Center provides after school and summer programs for children in the Over-the-Rhine neighborhood of Cincinnati. In 2019, the organization served a record number of children, expanded programming, and piloted new initiatives while also creating a new brand identity. Key accomplishments included serving over 230 children in the after school program, 187 children in summer camp, and gaining new community partners and volunteers. The organization aims to be a guiding light and safe haven for children through faith-based programming.
ORIENTAL TRADING COMPANY GIVES HOLIDAY HELP
Employees beat their personal giving record by 20% over last year!
With an increase in need at Food Bank for the Heartland in excess of 30-percent compared to a year ago, Oriental Trading Company stepped forward with a generous donation of 13,825 pounds of food. This total surpassed Oriental Trading Company’s donation last year by more than 20%.
Alphonso Jefferson led the reestablishing of the Treasure Coast Chapter of NFBPA. The attached is Issue #1 of The Happenings from the Treasure Coast Chapter
The document summarizes the activities of the Rotary Club of Freshwater Bay and District 9455. It discusses last week's club meeting, upcoming events like the AGM and a speaker on the Rotary Foundation. It also provides updates on club projects like RYDA and supporting schools in Nepal. International projects discussed include providing microscopes to schools and installing a water filtration system at a school in Nepal.
The document provides information about the Carteret Local Food Network (CLFN) and its efforts to connect local farmers and consumers, help farmers comply with regulations, and increase production and marketing of local foods in Carteret County. Specifically, CLFN lists local farms and produces on its website and brochure, hosts farm tours and cooking classes, and oversees an underground farm that sells produce through a community supported agriculture program. The overall goal is to help local farmers continue operating and increase the availability of locally grown foods.
Billy Mullen is a professional bass fisherman from Midlothian, Texas who is seeking sponsors. He has over 15 years of tournament fishing experience and has won numerous local and regional competitions. When not competing, he works as a locksmith for the Midlothian school district. Mullen fishes weekly tournaments throughout Texas and dreams of fishing full-time while promoting the sport.
The document describes several existing Optimist Clubs in Idaho and the community projects they support, such as youth sports programs, food drives, and youth recognition awards. It also provides information about starting a new Optimist Club, including the projects, members, officers, and fees needed. Optimist Clubs focus on volunteering and community service projects that benefit and recognize children.
- Steve Japinga has been hired as the new Director of Government Relations for the Lansing Regional Chamber of Commerce. He has over 10 years of experience influencing legislation.
- Michelle Rahl has been promoted to Director of Business Development. She previously served as Director of Marketing and Events.
- The Chamber announced the new hires and promotion, stating that Japinga and Rahl's experience and connections will help strengthen the Chamber's advocacy and membership programs.
2016 Humphrey National Policy ChallengeNicole Helget
The document proposes the Plum Creek Initiative (PCI), which aims to address water pollution from agricultural practices in rural Minnesota. It would establish a fellowship program for rural women leaders in Redwood County to participate in water quality and leadership training. The fellows would then develop and implement outreach plans in their local communities to promote water-friendly farming practices. The goals are to improve water quality in Redwood County and beyond by encouraging farmers to adopt conservation methods that reduce phosphorus, nitrogen, and sediment runoff. The initiative recognizes that while current policies have not succeeded in curbing agricultural pollution, rural women can be influential advocates for change through grassroots outreach at the local level.
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This document provides information on various social service agencies in Columbiana County, Ohio that receive funding from the United Way Services of Northern Columbiana County. It lists 17 agencies, including their addresses, contact information, and brief descriptions of the services they provide. These agencies offer services like healthcare, counseling, youth programs, assistance for seniors and families in need, and more. The document also provides a total campaign amount of $244,000 that will be distributed among the agencies.
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Over 200 people attended the 5th Annual Petoskey Regional Chamber of Commerce State of the Community Luncheon held today in Ovation Hall of Odawa Casino Resort. This event was sponsored by Chase. We send special thanks to our speakers; Dr. John Scholten, Chris Etienne, Reezie DeVet and Carlin Smith. We also thank Dan Ledingham, who serves as Chairman of the State of the Community Luncheon
Charles Holman has over 40 years of experience in construction operations, project management, and procurement. He has held leadership roles at several construction companies in Michigan, Ohio, and North Carolina. Holman has a BS in Mechanical Engineering and graduate coursework in business administration. He has extensive skills in project management, design/build, construction management, estimating, bidding, and more. Holman has managed a variety of construction projects totaling over $2 billion, including educational facilities, multi-family housing, healthcare buildings, industrial plants, and more.
The document provides information about Wangsness, Ogdahl & Associates Accountants & Auditors and discusses why they are better than national chain tax preparation services or online tax software. It lists six reasons including tax planning advice throughout the year, having the same tax preparers each year who get to know your situation, not requiring refund anticipation loans, being available all year for tax questions, retaining records for clients, and covering any tax law changes after filing returns. The document also summarizes local news stories about a Pheasants Forever chapter raising $750,000 for conservation, the first baby of the year at a local hospital, a bank receiving an award for community involvement, and the DNR warning about variable weather creating unsafe
This document lists over 100 organizations that have received grants while celebrating 20 years of grant making. It recognizes a variety of organizations including schools, non-profits, community groups, and religious organizations from the Mt. Pleasant, Michigan area.
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The annual report of Room at the Inn summarizes their activities from 2013-2014. It provided shelter to around 200 people total, most of whom were children. They served over 18,000 meals and gave out over 1,100 bus passes to clients. Room at the Inn relies heavily on volunteer support, receiving over 30,000 volunteer hours from 2,200 individuals across 57 congregations. Financially, they received over $400,000 in grants and contributions, spent most funds on services for clients, and ended the fiscal year with a small increase in net assets.
This document summarizes information about Big Brothers Big Sisters of Lake, a mentoring organization that matches adult volunteers with children ages 6-14 from single-parent homes. It provides statistics showing that mentoring improves children's outcomes in areas like drug use, alcohol use, school attendance, and violent behavior. It describes the local program's operations, including community and site-based programs, annual budget, and various fundraising events. It encourages support through donations, volunteering as a mentor, and attending upcoming fundraisers to help serve more children through mentoring.
Rural Community Economic Development through Service Learning: A Pedagogical ...Berea College
Berea College, Entrepreneurship for the Public Good Program displays a five-year pedagogical approach with a focus on service learning for Liberal Arts undergraduates. This 8 week summer institute combines two courses or competency-based, credit bearing educational experience in which students: (a) participate in mutually identified service activities that benefit the Appalachian community, and (b) reflect on the service activity in such a way as to gain further understanding of Appalachian Studies, a broader appreciation of the entrepreneurial leadership discipline, and an enhanced sense of personal values and civic responsibility. This case study integrates the growing popularity of adventure tourism, ecotourism, and heritage tourism and contains the potential for building an alternative economy, one that promises greater monetary returns for local residents, the preservation of rural traditions, and the protection of sensitive natural resources. Three travelers and tourist "personas" into Eastern Kentucky are demonstrated. This presentation was created for the 2013 Gulf South Conference in Louisville, KY on February 27th-March 3rd, 2013.
The Holy Trinity Interparochial School Home & School Association aims to support students, parents, and the school through fundraising, community building, and communication. It is comprised of parents and teachers. Funds raised through events like the Kitchen Tour and Trinity Rocks support the school's operating budget, projects, and programs. The Association also organizes extracurricular activities and sports teams for students. In the coming year, it seeks help with specific events and recruiting volunteers.
Wesley Chapel Mission Center provides after school and summer programs for children in the Over-the-Rhine neighborhood of Cincinnati. In 2019, the organization served a record number of children, expanded programming, and piloted new initiatives while also creating a new brand identity. Key accomplishments included serving over 230 children in the after school program, 187 children in summer camp, and gaining new community partners and volunteers. The organization aims to be a guiding light and safe haven for children through faith-based programming.
ORIENTAL TRADING COMPANY GIVES HOLIDAY HELP
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With an increase in need at Food Bank for the Heartland in excess of 30-percent compared to a year ago, Oriental Trading Company stepped forward with a generous donation of 13,825 pounds of food. This total surpassed Oriental Trading Company’s donation last year by more than 20%.
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The document provides information about the Carteret Local Food Network (CLFN) and its efforts to connect local farmers and consumers, help farmers comply with regulations, and increase production and marketing of local foods in Carteret County. Specifically, CLFN lists local farms and produces on its website and brochure, hosts farm tours and cooking classes, and oversees an underground farm that sells produce through a community supported agriculture program. The overall goal is to help local farmers continue operating and increase the availability of locally grown foods.
Billy Mullen is a professional bass fisherman from Midlothian, Texas who is seeking sponsors. He has over 15 years of tournament fishing experience and has won numerous local and regional competitions. When not competing, he works as a locksmith for the Midlothian school district. Mullen fishes weekly tournaments throughout Texas and dreams of fishing full-time while promoting the sport.
The document describes several existing Optimist Clubs in Idaho and the community projects they support, such as youth sports programs, food drives, and youth recognition awards. It also provides information about starting a new Optimist Club, including the projects, members, officers, and fees needed. Optimist Clubs focus on volunteering and community service projects that benefit and recognize children.
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Similar to Letchworth Controls. Nonprofit Fraud Prevention (20)
2. Fraud Awareness & Prevention
Daniel P. Healy, CPA
PROFESSIONAL EXPERIENCE
• Genworth Financial 9/05 – Present; Director Operations & Controllership
• The Brink’s Company 11/03 – 9/05; Audit Manager (Acting Audit Director)
• Carpenter Co. 2/00 – 11/03; Audit Director
• Cendant Corporation 12/97 – 2/00; Senior Manager – International Audit
• RCSB Financial 10/94 - 12/97; Corporate Audit - Senior Manager
• HSBC 12/88 – 12/94; Corporate Investigations Officer / Audit Officer
• Public Accounting 9/87 – 12/88; “Big 8” Firm Internship & Staff Accountant
EDUCATION
• University of Rochester- MBA Finance
• Canisius College – BS Accounting
PUBLICATION
• M2 Fraud Case Study – American Institute of Certified Public Accountants
3. Embezzlement Definition
The wrongful appropriation of money or property by a
person to whom it has been lawfully entrusted.
Embezzlement implicitly involves a breach of trust, it's
not necessary to show a fiduciary relationship among
the parties.
4. Control/Efficiency Balance
Efficiency
Controls
•The More Control Steps the Longer the Process Takes
•The Less Control Steps the More Exposed to Fraud
7. Recent Area Non-Profit Embezzlements
1 Catholic Diocese of Richmond Priest 1,000,000
2 Richmond Metropolitan Youth Soccer Treasurer 480,000
3 Skating Club of Staunton President 350,000
00
4 National Kidney Foundation of VA Accountant 170,000
,0
5 Santa Pal - Christmas Program Kids Director 75,000
17
6 Bacon District Volunteer Fire Dpt. Volunteer 70,000
$1
7 Portmouth Firefighters/Paramedics Union Treasurer 44,000
ss
8 Land America Financial Group Employee 34,000
9 Big Island Emergency Crew Volunteer 31,000
10
L
Arthur Ashe Jr. Elementary School PTAo President 20,000
11
ag e
St. Michael's Episcopal School Teacher 17,500
er
12 Jacob Adams Elementary School PTA Treasurer 15,000
Av
13 Charity for Grand daughter Jackie Parent 10,500
14 Tuckahoe Football & Cheerleading Assoc. President 8,900
15 Shady Grove United Methodist Church Office Mgr 5,000
16 Clover Hill High School Band Booster Club President 4,900
17 Blandford Elementary School PTA President 4,000
18 Radford Iron Foundry Union Official 3,100
19 Peabody Middle School PTA President 2,500
20 Mary Washington College Student Gov. President _______
1,800
2,347,200
Richmond Times Dispatch
8. Recent Area Non-Profit Embezzlements
1 Catholic Diocese of Richmond Priest 1,000,000
2 Richmond Metropolitan Youth Soccer Treasurer 480,000
3 Skating Club of Staunton President 350,000
00
4 National Kidney Foundation of VA Accountant 170,000
,0
5 Santa Pal - Christmas Program Kids Director 75,000
17
6 Bacon District Volunteer Fire Dpt. Volunteer 70,000
$1
7 Portmouth Firefighters/Paramedics Union Treasurer 44,000
ss
8 Land America Financial Group Employee 34,000
9 Big Island Emergency Crew Volunteer 31,000
10
L
Arthur Ashe Jr. Elementary School PTAo President 20,000
11
e
Consistent National Average for Embezzlements
ag
St. Michael's Episcopal School Teacher 17,500
er
12 Jacob Adams Elementary School PTA Treasurer 15,000
Av
13 Charity for Grand daughter Jackie Parent 10,500
14 Tuckahoe Football & Cheerleading Assoc. President 8,900
15 Shady Grove United Methodist Church Office Mgr 5,000
Clover Hill High School Band Booster
16 Club President 4,900
17 Blandford Elementary School PTA President 4,000
18 Radford Iron Foundry Union Official 3,100
19 Peabody Middle School PTA President 2,500
20 Mary Washington College Student Gov. President _______
1,800
2,347,200
Richmond Times Dispatch
10. 2009 Area Embezzlements
Local JetBlue manager guilty to $338,000 embezzlement
Published: March 21, 2009
Woman guilty in swindle Ex-JetBlue terminal boss pleads to stealing $338,000 from
airline. The former manager of JetBlue Airways' terminal operations in Richmond
pleaded guilty yesterday to swindling the airline of more than $338,000.
Investigators discovered $800 worth of pizza, $8,000 in sports club memberships for
family members and their friends, $104,000 in travel expenses, $45,000 in clothing and
the costs of a trip taken by the James River High School Robotics team.
Carol Davidson, 43, of Midlothian, pleaded guilty to 13 felony charges for embezzlement,
forgery or uttering bogus checks, all in a matter of months in 2007 and 2008. She forged
employee names on JetBlue checks and used a company credit card for her own
expenses.
11. 2009 Area Embezzlements
Woman embezzled $300,000 from church
Published: May 1, 2009
ISLE OF WIGHT -- A former secretary has admitted embezzling more than $300,000
from a Smithfield church. Debra Lee Epps pleaded guilty yesterday in Circuit Court to
eight counts of embezzlement and one count each of forging and uttering checks. The
51-year-old Epps apologized to the congregation of Christ Episcopal Church.
Commonwealth's Attorney Wayne Farmer says Epps took the money over a 10-year
period beginning in 1998. Farmer says Epps told investigators she used the money to
pay school tuition and credit card debt, and to pay for horseback riding lessons and
her
family's annual trip to Florida. Epps faces 180 years in prison when she's sentenced.
-- The Associated Press
12. 2009 Area Embezzlements
Ex-bookkeeper guilty of embezzling
Published: February 26, 2009
A former bookkeeper for an arts program at Shady Grove United Methodist
Church in western Henrico County is facing up to 40 years in prison in June
when she is sentenced on two embezzlement convictions.
Henrico Circuit Judge Burnett Miller III found Lisa H. Pauley, 49, guilty
yesterday of stealing nearly $1,000 through two checks she wrote on church
accounts linked to an arts program at the church.
The thefts turned up when questions were raised about unaccounted for
funds and church officials looked more closely at the church's loose payroll
and check-writing controls.
Pauley was convicted of swindling a realty firm of nearly $5,000 in 2003 and
received a suspended sentence. She has made restitution in both cases.
Sentencing is scheduled for June 3. -- Bill McKelway
13. 2009 Area Embezzlements
Former Farm Bureau lawyer gets 15 years
Published: February 4, 2009
A former Virginia Farm Bureau lawyer will spend 15 years in prison for stealing at
least $2 million from the organization from 1996 through last summer.
Judge Timothy K. Sanner yesterday sentenced Lawrence H. Bidwell in Goochland
County Circuit Court to 30 years in prison but suspended half of that term, said
Goochland Commonwealth's Attorney Claiborne Stokes.
Sanner also ordered Bidwell to pay $2,103,737 in restitution. Bidwell, 49, of the
Farmville area, pleaded guilty Nov. 14 to five embezzlement charges and a forgery
count. Authorities say Bidwell had been stealing money since 1996, a pattern
that was discovered in August.
In 1996, the Farm Bureau had learned Bidwell had been disbarred in Tennessee,
where he earned his law degree, Stokes has said.
14. 2009 Area Embezzlements
Chesterfield County Woman Faces 20 Years
Drytac Corporation Embezzlement
Published: May 7, 2009
Faye G. Barksdale, 48, faces up to 20 years in prison or, at the discretion of the court, 12 months
in jail and a fine of up to $2,500 for embezzlement after she pleaded guilty yesterday to stealing
$151,000 over five years from her employer, Drytac Corp., where she worked as the accounts
payable clerk for nearly a decade.
Henrico prosecutor David Stock said Drytac might not have ever discovered the theft had
Barksdale not left one of her counterfeit checks in the company's copying machine on the Friday
before she went on vacation last year.
"Another employee checked the copier [the following] Monday and sees a check on the copier
that's got Faye Barkdsale's name and address taped over" the name of the recipient, Stock said.
"They never would have caught her [otherwise]."Her employer manufactures and sells heat-
activated and pressure-sensitive mounting adhesives, over laminating films and inkjet media, as
well as other products. The company has a local office on Glen Alden Drive in Henrico.
15. 2009 Area Embezzlements
President of Chesterfield Group Jailed Embezzlement
Published: May 22, 2009
The former president of the Providence Athletic Association will spend three months in
jail for stealing nearly $2,000 meant to benefit sports-minded children.
Pulliam, who has two other theft convictions in the past two years, originally was
charged with stealing about $5,000 from the athletic association in March and April
of last year.
Lastly, Pulliam created a phony bill from the Internal Revenue Service that said the
Association needed to pay $300 to keep its tax-exempt status. "She struck off a check
for that and it ended up in her own pocket," Hogan said.
16. 2009 Area Embezzlements
Newport News detective charged embezzling from group
Published: March 5, 2009
NEWPORT NEWS — A Newport News police detective is on administrative leave after
being charged with embezzling from a fraternal group.
Thomas David Crouch of Portsmouth is charged in Norfolk with using a credit card from the
Police Emerald Society for personal use between late 2007 and mid-2008.
Norfolk police spokesman Chris Amos says the 45-year-old Crouch was an officer for the
society. Crouch turned himself in at the Newport News police headquarters yesterday. He
remains free on $1,000 bond.
Newport News police spokesman Lou Thurston says Crouch has been placed on
administrative leave and the department is conducting an internal investigation
17. 2009 Area Embezzlements
Va. law-office worker charged with embezzlement
Published: March 30, 2009
FAIRFAX -- Fairfax County police say a former law-office administrator
has been charged with stealing tens of thousands of dollars from the
office.
Police announced last week that 36-year-old Lisa Mylan McCormick of
Sterling has been charged with four counts of felony embezzlement.
Police say that after McCormick stopped working for lawyer Kevin
Fitzpatrick, he discovered the thefts and reported them.
The thefts allegedly occurred between 2006 and 2008. McCormick
was questioned by police and surrendered this month.
-- The Associated Press
18. 2009 Area Embezzlements
Lee County woman guilty of embezzling
Published: January 29, 2009
A Lee County woman faces up to 120 years in prison after pleading guilty
to embezzling nearly a half-million dollars from the bank where she
worked.
Rebecca Dawn Long likely will receive a much shorter sentence, however,
because she reached a plea agreement with prosecutors, said U.S.
Attorney Julia C. Dudley.
Long, 35, of Jonesville, pleaded guilty Tuesday in U.S. District Court in
Abingdon to all five counts against her: bank fraud, bank embezzlement,
money laundering, making a false statement on a loan document and
engaging in a monetary transaction with criminally
derived property.
Long was an employee of The Peoples Bank in Lee County between 2004
and 2008 when she established a line of credit under a fictitious name,
then withdrew $487,685 under the name, according to prosecutors. The
withdrawals occurred over her four years of employment.
24. Reduce Fraud Opportunity
1. Tone at The Top / Leadership
2. Segregation of Employee Duties
3. Instilling a Perception of Detection
25. Fraud Fact
Small Organizations 100X More Fraud Risk
• Basic accounting controls often lacking
• Small organization often have one employee write &
sign checks, reconcile the bank statement & keep the
books.
• Level of trust exists due to entity's size,
• Small companies were less likely to be audited.
FBI & Association of Fraud Examiners
26. Fraud Fact
The U.S. Department of Justice reports that more
than one-third of all thefts from organizations
are by employees.
It is imperative for today’s organizations to build
a company culture of integrity and honesty.
U.S. Department of Justice
27. Fraud Fact
Fraud levels are expected to continue rising
Almost 90 percent of respondents said they expect
fraud to continue to increase during the next 12
months. Additionally, the fraud most expected to
increase is embezzlement.
2008 ACFE Report on Occupational Fraud
28. Fraud Fact
Employees pose greatest fraud threat currently
When asked which, if any, of several categories of fraud
increased during the previous 12 months, the largest
number of survey respondents (48 percent) indicated that
embezzlement was on the rise.
2008 ACFE Report on Occupational Fraud
29. Fraud Fact
Layoffs affecting internal control systems.
Nearly 60 percent of CFEs who work as in-house fraud examiners
reported that their companies had experienced layoffs during the past
year. Among those who had experienced layoffs, almost 35 percent
said their company had eliminated some controls, while 44.2 percent
said the layoffs had no effect on controls and only 3.2 percent said
their company had increased controls.
2008 ACFE Report on Occupational Fraud
30. Tone at The Top
(The Organization’s Control Expectation)
31. Tone at The Top
• Steps taken by leadership to set expectations
• Foundation for all other forms of control
• Set’s ethical tone for organization
• Leadership integrity, ethical values, competence
Ask Yourself:
1. Is Ethical Behavior Demanded in Your Organization ?
2. Do Your Organizational Leaders Project Ethical Values ?
32. Tone at The Top
How to Set Ethical Expectations
Require new hire background investigations
Require new hire drug screens
Code of Conduct annual refresh meeting
Annual Code of Conduct questionnaire
Annual Code of Conduct sign-off on
Establish a anonymous “tip line” to attorneys
Set out clear consequences for ethical breach
Make sure to follow through – consequences
Leadership consistently display ethical
behavior
34. Fraud Fact
Most fraud is uncovered as a result of tips and
complaints from other employees. To deter and
detect fraud and abuse, many experts believe
a 1-800 employee hotline is the single most
cost-effective measure.
47. Segregation of Duties
RECALL
Ensure that a single person does not have
access to cash/checks and the ability to
update the organizational accounting
records
48. Segregation of Duties
Customer
Places Order,
Pays & Receives Donuts
Customer Pays for Week of Daycare
Customers Account is Updated to Reflect Payment
49. Segregation of Duties
ce ip t
Re
No
How do we know the transaction was rung up on the register ?
62. Segregation of Duties
Department 1
Order Invoice
Finance
Department 2
Director Vendor ACCOUNTING
Director
APPROVES Asset 20,000
A/P 20,000
Department 3 Check
ACCOUNTING
A/P 20,000
Cash 20,000
63. Segregation of Duties
Department 1
Order Invoice
Finance
Department 2
Director Vendor ACCOUNTING
Director
APPROVES Asset 20,000
A/P 20,000
Department 3 Check
ACCOUNTING
A/P 20,000
Cash 20,000
65. Segregation of Duties
Department 1
Order Invoice
Finance
Department 2
Director Vendor ACCOUNTING
Director
APPROVES Asset 20,000
A/P 20,000
Department 3 Check
ACCOUNTING
A/P 20,000
Cash 20,000
66. Kay Lemon - Story
Association of Certified Fraud Examiners
67. Kay Lemon - Story
Kay Lemon, a seemingly prim-and-proper grandmother,
stole $416,000 from a small Nebraska lighting store
where she had been employed for 20 years as a
bookkeeper.
Then spent three years in the Nebraska Women's
Correctional institute after confessing that she'd been
hitting the books for eight years and had blown all the
loot on herself and her family.
Association of Certified Fraud Examiners
68. Kay Lemon - Story
Lemon's crime is typical of the risk to small business: The
lighting store's CPA only prepared the company's tax
returns, so the business was not audited.
Lemon also acted as the store's "accounting department."
She made deposits, signed checks and reconciled the
store's bank account.
Although any entry-level accountant could recognize this
situation as an accident waiting to happen, the store's
owner did not.
Association of Certified Fraud Examiners
69. Kay Lemon - Story
After 12 years of unrelenting temptation, Lemon finally
gave in. Thereafter, for years, she systematically stole
money from the lighting store using the same method.
She would make out a company check to herself (in her
own true name), sign it and deposit the proceeds in her
personal checking account.
70. Kay Lemon - Story
To cover the theft, Lemon would do three simple things:
• First, she'd enter "void" on the check stub when she
wrote the check to herself.
• Second she would add the amount of the theft to the
check stub when she paid for inventory. For example, if
she took $5,000 and was paying a vendor $10,000,
she would show $15,000 on the vendor's check stub.
• Third, when the checks paid to Lemon were returned in
the bank statement, she would tear them up and throw
them in the trash
71. Kay Lemon - Story
Lemon chose the most logical (and common) method for covering a
cash embezzlement: the false debit. When Lemon credited the bank
account for the checks she made out to herself, the corresponding
debit was false. Still, from the standpoint of the accounting equation,
the books were in balance.
Lemon and other embezzlers have two choices concerning the false
debit: The transaction can be allocated to an asset account or an
expense account. In Lemon's case, she added her thefts to the
inventory account--an asset. A false debit will stay on the books until
some action is taken to remove it. In this situation, the lighting store's
inventory was overstated by $416,000 over eight years, as the store
never performed a physical count of its inventory. As a result, when
Lemon's crime came to light, a huge writeoff was necessary, almost
bankrupting the store.
Association of Certified Fraud Examiners
72. Kay Lemon - Story
A less obvious move would have been for Lemon to charge
the false debit to an expense account, which is written off
every year. It doesn't matter what the expense is, although
these are some favorites: advertising, legal expense,
consulting fees and other "soft expenses." Here, the
expense for fraud gets written off annually.
If the fraud perpetrator can conceal the fraud long enough
for the account to be closed to profit and loss, he or she
has gone a long way toward avoiding detection—at least
on a current basis.
Association of Certified Fraud Examiners
77. Segregation of Duties
•Annual Budget Proposed by Department Heads & Senior Management
•Approved by Board of Directors
78. Segregation of Duties
• Annual Budget Proposed by Department Heads & Senior Management
• Approved by Board of Directors
• Budget Variances Brought to Board of Directors Attention Monthly Meetings
83. Segregation of Duties
Kicked Back
Rec
NO
In Order
Department 1
Exec Director
Budget
Rec
Approved
ExDir
Finance
Department 2 Director Vendor
Approved
Rec Yes Approved
Purchase
Order
Department 3 Vendor
Invoice
89. Perception of Detection
One of the most important anti-fraud steps
is to convince employees & venders that
there is no way a fraud or embezzlement will
go unnoticed & if noticed will be prosecuted
90. Perception of Detection
Select a small number of disbursements
each period and request supporting
documentation including approvals.
Vary requests, large dollar then small dollar,
hit each department, select all checks with a
employee as a payee, demand support.
91. Perception of Detection
Enlist the Board of Directors to perform spot
reviews on some key aspects of control quarterly.
Have the results of quarterly reviews reported to
Board regularly.
Should consider inviting a CPA or Internal
Auditor to join the Board (See Last Page)
103. Early Warning Signs
Skimming
• Decreasing cash to total current assets.
• A decreasing ratio of cash to credit card sales.
• Flat/declining sales with increasing cost of sales.
• Increasing A/R compared to cash.
• Delayed posting of A/R payments.
• Unexplained cash discrepancies.
• Altered or forged deposit slips.
• Customer billing and payment complaints.
• Rising "in transit" deposits during bank reconciliations.
104. Early Warning Signs
Fraudulent Disbursements
• Increasing "soft" expenses (like consulting, advertising).
• Employee home address matches a vendor's address.
• Vendor address is a post office box or mail drop.
• Vendor name vague business purpose. "JTW
Enterprises").
• Excessive voided, missing or destroyed checks.
105. Early Warning Signs
Signs an employee may be inclined toward
theft
• Holds a grudge against the organization
• Living beyond their means
• Experiencing extraordinary medical expenses
• Spouse has lost his/her job
• Divorced and/or separated
• Other financial struggles, (lawsuits, foreclosures)
• Short vacations
• Defensive behavior overly nervous when questioned
• Over-devotion to the job – working a lot of overtime
• Missing documents and support data