Standard embezzling scenario. One person handling everything with no or minimal oversight.
I’m shocked that in modern times, this is still occuring. Do you think there are other similar ongoing frauds being done?
Owners too lazy or addled to check?
Management afraid to audit aggressively because they might seem accusatory or offensive?
Such a shame the major didn’t hire a newly minted CPA who could have nailed her at any time these past nineteen years.