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Significant changes occurred to business models during the Covid-19 pandemic, when many individuals and companies implemented working remotely from home.

After the pandemic, companies and workers became split on the working from home model. The main concern for businesses became the productivity of workers while not being in the office. Three employees of...

Employee theft can sometimes occur in the form of employees taking excess pay in addition to legitimate wages.

This can happen in forms such as manipulating company systems to gain unearned commissions or creating additional paychecks for themselves or ghost employees. Theft is especially common if there is little to no separation of...

Being hired to manage a person’s or company’s assets requires a great deal of responsibility.

However, there are cases where these assets are misused by the individual in control of them. In August 2024, an Orange County man who ran a business serving as the executor of the estates of wealthy individuals, pleaded...

Buying a new car can be a lengthy process due to the background information needed and the internal controls put in place to ensure the car can be sold and registered.

Unfortunately, for a car salesman in Prattville, Alabama, an individual used a false identity to purchase the vehicle. Identity theft to make...

In cases of fraud there can be instances of a group of individuals working together to conceal embezzlement.

Such is the case for Mr. George Miller Jr., former CEO of a Chicago hospital, who is alleged to have conspired with the CFO at the time, Mr. Anosh Ahmed. Together, Mr. Miller and Mr....

On October 4, 2024, a federal grand jury indicted Ms. Jessica Engle on charges alleging she embezzled from a Native American tribal organization and stole funds from a program receiving federal funds. While employee theft is a common form of theft from companies, there can also be losses and penalties suffered by a company...

There is somewhat of a joke in current times that a lot of people consider mattress or furniture stores as a front for embezzling or laundering money. Oddly enough this happened to be the case for one furniture company where a woman from Eden Prairie, Minnesota was recently ordered by district courts to pay $1,137,404...

Prior knowledge of an employee previously committing a dishonest or fraudulent act, or theft, can impact on insurance coverage.

Ms. Stephanie Pratt of Hinsdale, New Hampshire allegedly misappropriated $10,000 from her previous employer. After being released from jail, Ms. Pratt was hired as the office administrator at a new employer and had full...

Conducting transactions through physical forms of payment such as cash and checks requires diligent oversight and ensuring transactions are tracked so cash doesn’t fall through the cracks.

There have been many cases of employees who handle company bank deposits embezzling funds by taking the monies or skimming a portion of the monies in...

Mr. Bahram Khosropanah worked for a Richmond-based company operating convenience stores across the country.

Mr. Khosropanah was responsible for purchasing computers and other electronics for the company. In an alleged fraud scheme, Mr. Khosropanah made unauthorized modifications to the invoices before submitting them to his accounting department for approval. 

The modifications allowed...