Latest Embezzlement Stories

Infographic: There's a better-than-average chance a small business will be the victim of embezzlement. Here's how to spot the problem. TUSCALOOSA, Ala., May 13, 2013 /PRNewswire/ -- Small business owners - including construction contractors - can be so intent on customer service and field operations they are oblivious to the danger of embezzlement, according to Randall-Reilly's Construction University website, www.theconstructionuniversity.com. "These businesses have small staffs...

Internal fraud, embezzlement and theft cases encompass complex civil and criminal investigations which require multiple tools and techniques to gather supporting evidence Dallas, TX (PRWEB) May 09, 2013 McCann Investigations Dallas division, a Texas-based private investigations firm announces integration of its investigation tools, combining digital forensics and traditional private investigations which is essential to facilitating complex investigations involving internal theft,...

Internal fraud, embezzlement and theft cases encompass complex civil and criminal investigations which require multiple tools and techniques to gather supporting evidence Houston, TX (PRWEB) March 02, 2013 McCann Investigations Houston division, a Texas-based private investigations firm announces integration of its investigation tools, combining digital forensics and traditional private investigations which is essential to facilitating complex investigations involving internal theft,...

U.S. insurance giant American International Group says it paid victims of Bernard Madoff's Ponzi scheme millions of dollars for losses covered by its policies. AIG said it denied claims from Madoff victims who had withdrawn more money from their Madoff account than they had invested. Nevertheless, the company said it had honored hundreds of claims under homeowner policies that protected them against fraud, embezzlement or forgery, the New York Post reported Friday. Madoff pleaded guilty to...

RALEIGH, N.C., July 2 /PRNewswire/ -- With huge Ponzi schemes dominating the news headlines and Americans afraid they'll lose everything in their 401Ks, how can you avoid becoming a victim of the next big-time con artist? Get the answers straight from convicted embezzler-turned-fraud-prevention expert Chuck Gallagher, who served 18 months in federal prison for stealing from his clients. As a former white-collar criminal, Gallagher understands the mind behind the illegal behavior and knows...

By Ann Givens, Newsday, Melville, N.Y. Jan. 29--Kenneth Carnesi is the kind of guy who gives Long Island lawyers a bad name, prosecutors said. When he was supposed to be helping his clients buy new homes, he was instead pocketing their escrow money -- a quarter million dollars of it. It was a scheme he ran until 2005, when checks he was writing finally started to bounce, prosecutors said. Nassau Assistant District Attorney Peter Mancuso, who put away Carnesi and more than two dozen...

DUBAI (Reuters) - A salesman tried to fleece a money exchanger in the United Arab Emirates by using an identity card bearing the picture of Hollywood heart-throb Brad Pitt, a local newspaper reported Thursday. The Gulf News said the 29-year-old Jordanian had been told by his brother, who worked at the Dubai money exchange, that more than $23,000 in cash had been transferred to the bureau for a client who had not picked it up for more than three months. The Jordanian then forged an ID...

DUBAI (Reuters) - A salesman tried to fleece a money exchanger in the United Arab Emirates by using an identity card bearing the picture of Hollywood heart-throb Brad Pitt, a local newspaper reported on Thursday. The Gulf News said the 29-year-old Jordanian had been told by his brother, who worked at the Dubai money exchange, that more than $23,000 in cash had been transferred to the bureau for a client who had not picked it up for more than three months. The Jordanian then forged an...