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sammyg2 sammyg2 is offline
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Join Date: Aug 2000
Location: a wretched hive of scum and villainy
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My wife is an accountant and a few years back she found evidence that someone in her department had been skimming the petty cash deposits. It was covered up pretty well and took some serious digging for months by a pro to find out what was happening.
Eventually she figured out what was going on and went to the bosses with it.

Long story longer, one of her co-workers was busted.
They're not sure how much she got but it was well over $250k. It took almost 2 years until it went to court and she pea-bargained and eventually did about 6 months.
She's supposed to pay restitution but she isn't and prolly never will.

It was prolly closer to $400k, for 6 months jail time. No wonder crooks are crooks.
They obviously have gotten past that whole "conscience" thing.

Bottom line, corporate finance systems are complicated animals that speak a different language. unless you are a trained accountant you prolly can't make heads or tails of the system and even then most accountants are only familiar with a portion of the system, not the whole mess.

I am forced to get involved with our finance department more than I would like, and it makes a person's head swim to learn about the convoluted, complicated cluster-flop it all is.
The advent and use of SAP made it all so much worse, I swear SAP is one of the largest threats to corporate America, right behind the democrats.

And why is it so complicated? Because of excessive gubmint laws and regulation of course.
In an attempt to make corporate finances more safe and secure and legal, they made them so complicated it's actually easier for an insider to steal.
It's not like the gubmint to try and make things better but actually make them worse ..................

Last edited by sammyg2; 04-10-2011 at 08:51 AM..
Old 04-10-2011, 08:42 AM
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