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Old 11-20-2008, 06:14 PM   #1
XDCX
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Default Employee accused of embezzling $104K from Dealership

Although I hate to hear stories about Dealerships victimized by an embezzlement scheme, I always think it's interesting to hear what the employee did and how they got caught.

Since there has not been a conviction in this case, these are just charges:

What the employee is accused of:

The employee worked in the Business Office and her responsibilities included making bank deposits, reconciling the Dealership Checking Account and receiving the mail.

She is accused of taking cash from the bank deposit and writing a personal check to offset the amount - everything balanced. Her personal check would bounce and she would remove the bounced check from the bank statement envelope and cover-up the losses. It is alleged that this activity dated back to 2004 and totaled to $104K in losses.

How the employee got caught:

The employee is accused of making an electronic transfer from the Dealership's Checking Account in the amount of $585.71 to Pacific Gas and Electric. The funds were used to pay her own personal account.

Another Dealership employee noticed the charge and became suspicious - the Dealership is not served by PG&E - their power is provided by a different utility.

Here's a link to the news report: http://www.redding.com/news/2008/nov...g-104000-from/
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Old 11-20-2008, 07:52 PM   #2
SHACOS
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Nice. Good to see scum get caught.
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