Live example of a fraud fiasco

(Cross-post from my other blog, Attestation Update, with minor changes.)

“Going to meet your Maker with the fresh scent of theft on your hands is not a good way to go…”

is how Charles Hall starts his story of a long ago fraud – Stealing While Dying.

You have heard of the situation where the bookkeeper does the main bookkeeping, receives the bank statements, reconciles the accounts, and is an authorized check signer. Perhaps you recognize that from someplace you’ve worked.

In this situation, the most-honest-and-nicest-person-you’ll-ever-meet bookkeeper starting stealing lots of money when she became gravely ill.

Although Mr. Hall’s story took place in a for-profit business, it could just as easily happen in a charity like yours.

Check out the full story. It is short and enlightening.

Lots of lesson to be learned from the story.

Most important is that severe pressure can do amazing and frightening things to people.

His story is an actual example of the fictional story I tell in Once Upon Internal Control available at Amazon. My other blog has animated cartoons illustrating the first half of the book.

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