Friday, December 4, 2009

Employee Theft Leads to Company Closure

EUGENE, OR—An ex-bookkeeper of a now-defunct printing company faces upwards of 100 felony counts for allegedly bilking the firm of more than $1.5 million, an act which may have contributed to its demise.

I just read the above in an email blast from Printing Impressions. I really have to wonder, despite the fact that I know this happens hundreds of times a year to printers around the country, why the owner didn't suspect or catch the thief a bit earlier.... you know, maybe started wondering about where $250,000 had gone, or maybe the first $500,000 or even $1 million.

One thing is for sure, I will bet (based on profiles of employee thefts of this magnitude) that she was a long-time employee, very dedicated and if true to form probably didn't want to take time off for vacations. Of course if you've working for a firm from which you can steal $1.5 million before getting caught you ought to be pretty loyal and dedicated!

You can read more about the story as it appeared in PI by going here:

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