DETAILS

Outcome: Bookkeeper Arrested; Favorable Client Judgment

The bookkeeper of a pharmaceutical research firm resigned when the firm relocated. A subsequent financial review found numerous paid invoices without supporting documentation. We were retained and discovered that the bookkeeper had paid questionable invoices in excess of $650,000 to a computer consulting group owned by her boyfriend. We also discovered that the former bookkeeper had used corporate credit cards to pay for more than $150,000 in personal purchases, and paid in excess of $84,000 for personal travel with client checks. Bookkeeper concealed payments as other vendor accounts payable entries. Federal authorities were contacted resulting in the arrest of the bookkeeper. A civil suit was filed against her resulting in a favorable client judgment.