Friday, October 19, 2012

EMBEZZLEMENT #2


A couple of weeks ago I sent out a copy of an embezzlement that was reported.  Here is a second one.  If you don’t think this could happen in your business you are thinking just like the owners of these two businesses. 

Watch for our upcoming “Red Flag Training” webinar on how to spot and to stop employee theft.

STORE MANAGER PLEADS GUILTY TO EMBEZZLING

A former Plattsmouth, Nebraska convenience store manager pleaded guilty Monday in Cass County District Court to stealing $264,000 from his employer. 

The 56 year-old man faces one to 20 years in prison for stealing the money in small amounts between July 2007 and November 2011 from the former Lucky’s convenience store.  In exchange for his plea, prosecutors dropped a felony charge of misrepresenting sales tax collections.

The Cass County Attorney said the man admitted to investigators that he had taken the money. According to an affidavit filed by an U.S. Secret Service agent, the man said he stole the money by falsifying daily reports to make it seem the store did less business than it actually had.