Paiute Indian Tribe victim of fraud, money laundering

Pressure for more security and fund maintenance rises as competition among businesses and public service organizations becomes more prolific. Although decision-makers are typically very careful about who they hire to manage their corporate accounts, it's becoming more common for individuals to commit crimes when they are not being monitored by AP audit solutions.

According to The Spectrum, the Paiute Indian Tribe in Utah was the victim of a crime of embezzlement of nearly $200,000. Jeffrey Charles Zander, a former tribal official for the organization, was convicted of money laundering, willful failure to file tax returns and other nefarious fund-related crimes. The source reported that he was sentenced to 68 months in prison by U.S. District Judge David Nuffer. The accused will also be forced to pay back $202,543.92 in restitution – the original sum plus interest. 

According to the FBI, Zander was responsible for submitting grant proposals for the five bands of the Paiute Tribe. As each grant was awarded, the money was sent directly to his personal account, rather than to the organization. Additionally, Zander allegedly constructed five fake organizations he used to charge the tribe for services that were never rendered. 

Decision-makers should consider how accounts payable solutions could mitigate crimes like these ahead of time, rather than discovering the fraud afterward. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Prove You're Human * Time limit is exhausted. Please reload the CAPTCHA.