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Accounts Payable Analysis

School's ex-treasurer sued after AP audit uncovers embezzlement

May 16, 2012

The former treasurer for the Mitchell Community Schools in Mitchell, Indiana, is being sued for embezzlement.more....

Former executive for Ruiz Foods pleads guilty to embezzlement

May 15, 2012

The ex-marketing director for California-based Ruiz Foods pleaded guilty Monday to embezzling close to $500,000 from the company over a period of five years.more....

Missing checks and balances, inadequate segregation of duties facilitated city embezzlement

May 14, 2012

The comptroller of Dixon, Illinois, recently pleaded not guilty to a charge that she had embezzled more than $53 million in public funds over more than two decades.more....

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Duplicate Payments

County's efforts to refund duplicate tax payments found lacking

May 09, 2012

It's not unusual for counties to receive duplicate payments. In cases when this occurs, counties have the responsibility of returning the excess money to local residents who overpaid.more....

AP audit reveals misappropriation of housing authority funds

May 03, 2012

An assistant buyer for New Jersey's Atlantic City Housing Authority (ACHA) is facing embezzlement charges after an accounts payable audit revealed that he misappropriated thousands of dollars from the organization.more....

Insufficient tracking system contributes to department's improper payments

Apr 30, 2012

A recent performance audit report found that the Louisiana Department of Children and Family Services continues to grapple with improper payments, The News Star reports.more....

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Finance Operations

Maryland county investigates teachers union embezzlement

Apr 27, 2012

In January, Worcester County, Maryland, launched an investigation into the temporary disappearance of more than $100,000 in Worcester County Teachers Association funds last year, according to the Delmar Daily.more....

Former employees sentenced for multi-million dollar embezzlement

Mar 15, 2012

Sentences were recently handed down in a $13 million embezzlement case that began with a missing copy machine.more....

AP audit reveals former Olympus employee's sordid dealings

Mar 05, 2012

A former employee of Olympus Corporation of the Americas was recently charged with three felony counts of theft and forgery for allegedly misappropriating nearly $375,000 of the company's funds.more....

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Financial Compliance

School district tightens financial operations after embezzlement

Apr 20, 2012

A recent embezzlement case has prompted an Iowa school district to take a closer look at its financial controls, KWQC-TV reports.more....

Crimestoppers chapter turns itself around

Apr 03, 2012

An investigation conducted by the Lakeland Ledger last year uncovered numerous financial discrepancies within Florida-based Heartland Crimestoppers, including duplicate payments.more....

Iowa bill proposes using AP audits to mitigate embezzlement

Mar 29, 2012

A bill drafted by Iowa legislators would employ the use of accounts payable audits as a deterrent to embezzlement in the state's small towns, Radio Iowa reports.more....

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Recovery Audit

Ex-treasurer charged with embezzling taxpayer money from charter schools

May 18, 2012

Carl Shye, Jr., a former treasurer for charter schools in Columbus, Ohio, was recently charged with embezzlement of federal funds.more....

Mayor calls for recovery audit in response to alleged public servant embezzlement

May 11, 2012

The town of Dexter, New Mexico's fiscal year 2011 audit revealed more than $12,000 in taxpayer funds had been embezzled or misspent by public servants, KRQE-TV reports.more....

Recovery audit uncovers missing funds, indicates potential embezzlement

May 07, 2012

A recent recovery audit revealed that a former water clerk for the village of South Amherst, Ohio, failed to deposit more than $13,000 in cash payments for water bills, the Morning Journal reports.more....

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Recent Postings

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To Be Announced in 2012. Happy New Year to All!