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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...

Ms. Becky Louise Sutton allegedly embezzled funds from 2009 to 2018 while working on bankruptcy cases for a local law firm. 

Ms. Sutton allegedly initiated fraudulent transfers of bankruptcy funds from fiduciary bank accounts to bank accounts Ms. Sutton controlled, including her personal bank account, credit card account, student loan account, and mortgage...

Ms. Sylvia Ochoa was the manager of a Bank of America branch in downtown Fresno.

Allegedly during 2013, Ms. Ochoa often entered the bank vault after other employees left for the day and removed cash without authorization. Ms. Ochoa used the money to purchase items for herself and her boyfriend, including designer handbags...

Theft may not always be clear to spot or to mitigate.

Often, when embezzlement takes place over a period of time, fraudsters will develop ways to conceal schemes. This can be through a myriad of methods.

For example, Mr. Paul Schnitzer who pleaded guilty to wire fraud, allegedly misappropriated monies from his...

Ms. Catherine Corrine Daly was charged with embezzlement after allegedly misappropriating monies as the office manager at the law firm Reagan Fondren.

As office manager, Ms. Daly had access to the firm’s operating account so she could pay the firm’s operating expenses. Ms. Daly had two American Express accounts with Ms. Daly and two...

Churches are not typically the place you’d think to find cases of embezzlement. However, fraud occurs everywhere and in many different forms.

This is the case for Ms. Chanell Easton, who allegedly embezzled monies while employed with a church in Oklahoma City, Oklahoma.

Ms. Easton worked as the church administrator at the...

Mr. Euan David MacGregor, formerly known as David Joseph Bean is alleged to have diverted funds intended for his former employer to Mr. MacGregor’s own personal bank accounts totaling more than $3.2 million.

Between November 2014 and January 2020, Mr. Euan MacGregor was known as David Bean and held the position of Chief...

Public officials hold a high level of power and must exercise responsibility while remaining impartial against influence.

Mr. Samuel Randazzo was the Public Utilities Commission of Ohio chairman from April 2019 to November 2020, when he resigned. It is alleged Mr. Randazzo received bribe money from energy companies for favorable official actions. The money...