Know Any Embezzlement Victims?

I know both parties involved in an embezzlement case. The "criminal" went on vacation and slept with a lady of the night who then blackmailed him saying she'd tell his wife and she had proof. So he stole the money from the store that he managed.

Really messy situation. The wife obviously found out about it all and left him. He's a decent guy that made one bad decision and followed it with several more bad decisions.

My brother's wife stole about 60K from our family business. Messy situation.

HOA manager of the townhouses we lived in was caught doing it

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HOA manager of the townhouses we lived in was caught doing it

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I'm suspicious of anyone who volunteers for a position of power like that. Even if its not stealing money, I feel like those type of people just want to be able to frick people over.

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I've never met a woman who bets on sports...

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Sports gambling isn't the only type of gambling. When video poker was legal in Ouachita Parish, Johnny's Pizza had three machines per location. He said it was the perfect cover for middle aged women to gamble while the husbands were at work. He said he didn't care if he ever sold another pizza.

I have a buddy that embezzled a little over 180K from a regional parts house. He would find something not in stock, return it to the store so it was in inventory but the money the store was returning he would slide his personal card so the money would come back to him.

More than likely, fueling a gambling problem. Still to this day, hasn’t paid back friends he borrowed money from after he had gambled his whole check away.

One of my IT clients hired a new bookkeeper, something about her set off my alarms bells. The first thing I noticed was that my invoice, which had always been paid within 30 days, was now taking 60 days, this a huge red flag. By pushing the payables back she created a gap, in that gap were funds that would not be missed.

I went to the business owner and explained how this worked and how vulnerable he was, but he was convinced that she was a member of his church and he was sure of her character. Another month or 2 went by and the payables were backed up to 90 days, she was smart enough to make sure the suppliers were paid, but not ancillary services.

I had set up his Quickbooks and trained him how to use it, so I had access to all of his accounting data. I went through and found that there were vendors with no transactions prior to her hiring. I went to the owner and showed him where the funds were being diverted to the new vendors.

He asked her to explain the cash flow issue he was now having, she quit in a huff, saying if he didn't trust her she couldn't work there. Fortunately the damage was minimal and unfortunately he didn't want to turn her over to police.

I don't understand how a company can have a sizable amount of money disappear and not be aware of it. This woman was an amateur and easy to catch, most are a lot smarter, but still, how does a business let cash flow get out of whack and not realize it.

I know there was two employees that embezzled from Franco’s athletic club in Mandeville. There was also an executive of Perlis that took nearly 3 million (over like 17 years) which is wild.

Youth baseball league when I was on the board voted on a couple to run the concession stand. I argued against it since they had a couple of failed businesses. Well, one board member and the President pushed for them so the majority voted for the couple.

Well, snatched $13K, claimed receipts, etc., were burned in a kitchen fire at her place.

Police got involved and nuttin.

I still think about how that came about 28 years ago.