JAMINE ALABRE All in small bills.
Posted on 07/21/2005 2:59:03 AM PDT by Liz
JAMINE ALABRE All in small bills.
A crafty 25-year-old employee of a Long Island marketing firm managed to swindle more than a million dollars in cash by steadily sneaking small bills out of the office, police said.
She blew nearly all of the $1,119,807 she stole in casinos, on home payments, and splurging on two cars that she paid for in cash, cops said.
Over a two-year period, account coordinator Jamine Alabre, 25, of Westbury, smuggled the money out of the Uniondale offices of IPSOS, a firm that conducts market-research surveys and public-opinion polls.
Nassau County Detective Sgt. Lucy Graziano said Alabre, who was hired by the firm in 1999, was responsible for arranging armored-car deliveries of the piles of small bills, to stick in envelopes with printed surveys or polls.
Between December 2003 and this month, the unmarried Alabre, whose salary was less than $50,000 a year, discovered she could "over-order" more cash than was needed without being discovered, said Graziano.
She would order hundreds of thousands of dollars in small bills for company use — and also order larger bills for herself — to make it easier to sneak the cash out of the office, said Graziano.
Alabre would oversee the arrival of the mounds of money by armored car, put the stacks of small bills required for a mailing in the company safe and keep the larger bills for herself, cops said. She would then enter only the small bills total in a company computer.
The theft was detected by a routine audit and she was fired by the firm, Graziano said.
Alabre was arraigned yesterday on charges of grand larceny and falsifying business records.
Investigators recovered only $29,000 of the more than $1 million she allegedly stole.
(Excerpt) Read more at nypost.com ...
It is pretty easy to roll through a million bucks in a couple of years. My ex-wife is a testament to that. :-)
But it's also cause to wonder. How did those casinos think she came across all that money after she kept showing up and showing up and showing up? How did she avoid drawing attention with a flamboyant lifestyle?
Did she donate any of the filthy lucre to Gotham City 'Rat politicians?
A lesson for Democrats, being black and poor has little to do with money--it's more about how you think, what you value, how you live and how you manage relationships with others.
Probably.
Not to mention upholding accepted social mores.
I'd say she probably let them steal their own. She probably instinctively knew they had better gigs than even she did.
OOPS! I guess she hadn't anticipated this sneaky move by the company. What a genius.
She got caught and is facing grand larceny charges. How is that 'crafty' exactly? Sounds a little stupid to me for not thinking things through properly.
What kind of company allows just one employee to order money and then check the amount and enter it into the books WITHOUT oversight?
An interesting contrast is a local story yesterday Gopher Embezzles $1 Million From Firm, Doesn't Spend Money. This guy repaid the money he stole with interest but he didn't pay tax on it. The IRS doesn't care how you get the money, just give them their half.
One that is just as 'crafty' as she was. It was probably a company sub-contracted for government work, and it was government money. No need for accountability.
Except of course that she was discovered.
It appears the writer of this story wasn't to 'crafty' either.
Back to creative writing school for her.
Brains are required for money management.
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