Huge Bookkeeping Fees or Small Profits?
Posted on Dec 01, 2009 under Bookkeepers, Bookkeeping | Comments are offA bookkeeper in Chicago, US has been accused of stealing more than US$500,000 from a spring manufacturing company
Apparently the book-keeper was falsifying invoices as she entered data into the accounting software as an account payable to a legitimate vendor.
The bookkeeping software system allowed the bookeeper to print the cheques in her own name, then she’d change the name on the cheque details recorded in the system
The prosecution also allege that she intercepted bank statements and destroyed copies of the cheques she wrote to herself so that no-one else could discover her book-keeping activities

4th Quarter: 28/07/10