A federal grand jury in California indicted a woman on 15 counts related to an alleged $3 million embezzlement scheme. The 47-year-old woman was arrested in early November for activities that are believed to have taken place between 2017 and 2019. Unauthorized...
Embezzlement and double-dipping affect practically every industry and type of employer in California. An individual or company can have an entire account wiped out by a professional who defrauds them. Every employer and employee should know the significance of both...
The U.S. Attorney’s Office for the Southern District of California announced that a 50-year-old man has been sentenced to spend six months in a federal prison for embezzling more than $200,000 from the San Diego Zoo. Federal prosecutors say that the man is likely to...
When you think of embezzlement charges, Ponzi schemes or corrupt politicians may immediately come to mind. The truth is, embezzlement is not always a sensational event. Anyone who has control of someone else's property or money and uses it for their own personal gain,...
The tech industry has a large presence in California. Those tech-savvy employees help keep the business competing in the marketplace. Unfortunately, they may be embezzling from the company. BizManualz discusses common embezzlement schemes including those related to...
Embezzlement is the act of misusing funds or property that belong to another person who entrusted them to you. For example, charging a financial advisor for misusing a client’s funds for personal gain would be an embezzlement case. Facing these charges may have...
Financial professionals often need to handle large amounts of money on behalf of their employers or clients. Mistakes, bad investments and other unfortunate circumstances could give rise to allegations of embezzlement. Allegations of embezzlement, even inaccurate...
Crimes involving money are taken very seriously. Often, such activities fall into the category of white collar crimes and can lead to steep consequences for the accused parties if they are convicted. In particular, individuals accused of embezzlement need to focus on...
Recent research shows embezzlement costs U.S. businesses as much as $50 billion each year. With so much money going out the door, it's no wonder security and anti-theft schemes are big business for wary corporations. Unfortunately, the additional security means honest...
