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To: WilliamIII

Lesson for business owners - never let one person do the books.


8 posted on 04/29/2015 9:44:41 PM PDT by glorgau
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To: glorgau
"one person do the books"

About five years before I retired, a co-worker friend of mine and I started noticing news articles about embezzlement in the St. Paul Pioneer Press. These articles started appearing at the rate of about one a week, and many times involved considerable sums of money.

We were also intrigued to discover that in virtually every case the embezzler was a female entrusted by the business, charitable firm, or fraternal org. A few of the thieves were male, but we were astonished to discover the overwhelming majority were females.

Usually these females were single women and were given sole control of the business or org. finances. Many times after being caught they claimed a bad gambling habit forced them to steal. And they always meant to pay the money back. Sure.

15 posted on 04/30/2015 4:54:24 AM PDT by driftless2
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