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re: OT lawyer question about felony theft

Posted on 7/19/17 at 1:01 pm to
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 7/19/17 at 1:01 pm to
quote:

I feel like it'd be worth a few pissed off clients to stick someone like that in jail.

There are some industries where admitting you were embezzled from would be a death sentence.

Would you hire an accounting firm as your corporate accountants if you knew that it took them five years to realize one of their own employees was embezzling from them? In this example, admitting the crime happened would be slitting their own throats. Instead they're likely to tell the employee that their choices are to resign and keep the money with an ironclad NDA in place or refuse to resign and go to jail and have to pay back the money. Both sides would almost always choose the former.
This post was edited on 7/19/17 at 1:04 pm
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18929 posts
Posted on 7/19/17 at 1:23 pm to
Friend is in the investment business. Hired a kid straight out of college into his firm and kid starts stealing almost immediately. It took a few years to catch him based on the way he was shaving commissions off of trades.

When my buddy caught the guy, he called him in and gave him an option. Call police right then and kid would be arrested or sign a five year employment agreement with a 40% pay reduction and some other harsh conditions.

I laughed because I think the kid should have taken jail over the fricking he got for those five years.
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