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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...

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...