Employee Embezzlement 1
In 2014 FRGi was retained by a large U.S. based medical practice, at the suggestion of their auditors, to review and report on a suspicion that a former employee may have misappropriated in excess of $25,000. Our initial review of accounting systems and bank records revealed that the employee had in fact embezzled in excess of $260,000. We referred the matter to law enforcement and coordinated the investigation, resulting in the arrest of the former employee. The criminal matter is ongoing and we continue to work with the client to review their accounting systems and internal controls.
Assets Deployed: Forensic Accounting, Asset Tracing, Mediation, Law Enforcement Cooperation, Litigation Support and Financial Research.