A woman goes to jail for stealing from here boss.....

  • TallguyNLA

    Posts: 440

    Jun 21, 2012 2:40 AM GMT
    She stole an average of $4000 A DAY!
    She only made 50k a year. She bought new clothes, chartered private jets, and lived the SUPER high life for years, and her family, boss, and friends didnt suspect anything???

    What would you do If someone you loved and trusted was stealing from you? Could you forgive them?
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    Jun 21, 2012 2:49 AM GMT
    That just tells me the boss was banking so much money that he coulda paid his employees more instead of being a greedy jacksass.
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    Jun 21, 2012 2:53 AM GMT
    Yeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.
  • TallguyNLA

    Posts: 440

    Jun 21, 2012 3:01 AM GMT
    beachwalk saidYeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.

    RIGHT!!!
    I think his partners should have let him go with her to jail.
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    Jun 21, 2012 3:09 AM GMT
    TallguyNLA said
    beachwalk saidYeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.

    RIGHT!!!
    I think his partners should have let him go with her to jail.
    I wouldn't go that far. As long as he got his immense wealth through legal means, he's in semi-good standing...just a jackass for not being benevolent enough to share with the people who got him rich.

    The girl, however, purposely took money that wasn't hers. Although I have little respect for her boss, I have less respect for her. icon_wink.gif
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    Jun 21, 2012 4:38 AM GMT
    Not sure what you're referring to but this isn't the first time a secretary went to jail for getting too greedy stealing from her boss.
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    Jun 21, 2012 4:39 AM GMT
    eagermuscle saidNot sure what you're referring to but this isn't the first time a secretary went to jail for getting too greedy stealing from her boss.
    True, but this one took millions. That's not the norm.

    Now if only I can figure out a way to ...

    ...

    ...

    nevermind. icon_twisted.gif
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    Jun 21, 2012 4:00 PM GMT
    I remembered that the story I was recalling involved the secretary taking the embezzled funds and investing it in a family pizzeria in Queens, so it was easy to find. She stole a "measly" $800K: http://www.nytimes.com/2002/11/27/business/when-a-trusted-secretary-takes-more-than-a-letter.html?pagewanted=all&src=pm And if she hadn't been greedy and gotten sloppy, she might never have been caught.

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    Jun 21, 2012 4:11 PM GMT
    TallguyNLA said
    beachwalk saidYeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.

    RIGHT!!!
    I think his partners should have let him go with her to jail.


    I don't get this. This woman committed a crime, and yet the boss is being held under scrutiny? And she didn't just steal money to help her put groceries on the table or gas in the car. She stole money from pure greed.

    I don't see a link to any article, but what exactly was her job? I don't care how much money a company makes, certain jobs don't deserve more than a certain pay grade. And if the owners/senior leaders of a company are the ones coming up with the creative ideas, products, marketing strategies, et al, then they deserve to make the money they make. Yes, every employee of a company is integral to its success at some level, but every position has its monetary value. That's why it's called business.

  • BuggEyedSprit...

    Posts: 920

    Jun 21, 2012 4:13 PM GMT
    Surprised there wasn't a football player involved and his agent bro-inlaw...
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    Jun 21, 2012 4:28 PM GMT
    How the fuck do you not notice 1.7 million missing dollars per year?
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    Jun 21, 2012 4:29 PM GMT
    ECnAZ said
    TallguyNLA said
    beachwalk saidYeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.

    RIGHT!!!
    I think his partners should have let him go with her to jail.


    I don't get this. This woman committed a crime, and yet the boss is being held under scrutiny? And she didn't just steal money to help her put groceries on the table or gas in the car. She stole money from pure greed.

    I don't see a link to any article, but what exactly was her job? I don't care how much money a company makes, certain jobs don't deserve more than a certain pay grade. And if the owners/senior leaders of a company are the ones coming up with the creative ideas, products, marketing strategies, et al, then they deserve to make the money they make. Yes, every employee of a company is integral to its success at some level, but every position has its monetary value. That's why it's called business.

    He doesn't deserve to be in prison, you're right, but like I said- how do you manage to not notice millions of dollars? I know if there's a few hundred missing, myself, so he definitely deserves to lose it if he can't notice that much missing for so long.
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    Jun 21, 2012 4:46 PM GMT
    Just to state the obvious...

    When a small business starts ramping up, the owner pretty much has to turn over the money stuff to a bookkeeper. Or else you just become a full-time accountant and the business dies because you don't get any work done. The amount of money flowing through is not the same as how much the owner makes. Most of it goes to suppliers, payroll, advertising, and taxes. It wouldn't be hard for a dishonest bookkeeper to slip out a thousand here and there. There are plenty of family farms that have two million in revenue, but they aren't rich. Hell I've had a quarter million in revenue before without making anything at the end.
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    Jun 21, 2012 4:47 PM GMT
    Bullwinklemoos said

    He doesn't deserve to be in prison, you're right, but like I said- how do you manage to not notice millions of dollars? I know if there's a few hundred missing, myself, so he definitely deserves to lose it if he can't notice that much missing for so long.

    I understand what you're trying to say, which is that he is partly responsible for creating the situation which enabled her to steal from him. But it does not excuse the crime and it does not make him a deserved victim. The biggest fault is that they trusted this woman.

    Regarding the question of missing the money. That's easy to do. Again, there's no article to tell us what type of company it is and just how large it is or its revenue stream. But taking money daily is a very easy way to make the thefts almost transparent. Clearly, this company was rolling in the revenue, (but it does NOT make it right that she stole) so they could have been taking in hundreds of thousands of dollars every day. $4k/day out of hundreds of thousands per day is almost unnoticeable. Very different than taking out a lump sum of $10million.


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    Jun 21, 2012 4:55 PM GMT
    Patricia Smith. Ever notice how often these embezzlement cases involve middle aged or older women? Not always - I know - but often.

    PITTSBURGH -
    A former controller of Baierl Acura stole more than $10 million through bad record-keeping and bank transfers and bought houses, vehicles, stocks, gold, jewels and furniture for herself and others, according to federal prosecutors.

    Read more: http://www.wtae.com/news/local/allegheny/Woman-embezzles-10-million-in-Baierl-Acura-fraud/-/10927008/12721358/-/2otbig/-/index.html#ixzz1yRp5GMxK
    .....

    Patricia-Smith.jpg
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    Jun 21, 2012 5:19 PM GMT
    Any forensic accountant will tell you that white collar crime is often not reported and rarely punished with the kind of severity it deserves. I wonder how many people would be sorely tempted if they were told they could steal $10m, only repay $1m, live like a king for six years and do jail time for six years (probably at a Club Fed "resort")? If they banked a chunk of cash offshore they might even think its a good investment of their time!

    Businesses can be bankrupted, with real people losing real jobs from serious white collar crime, and I think the punishments should reflect that.
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    Jun 21, 2012 5:26 PM GMT
    YVRguy saidAny forensic accountant will tell you that white collar crime is often not reported and rarely punished with the kind of severity it deserves. I wonder how many people would be sorely tempted if they were told they could steal $10m, only repay $1m, live like a king for six years and do jail time for six years (probably at a Club Fed "resort")? If they banked a chunk of cash offshore they might even think its a good investment of their time!

    Businesses can be bankrupted, with real people losing real jobs from serious white collar crime, and I think the punishments should reflect that.


    Not just jobs, but savings and retirement dreams. I don't get how we expect to deter white collar crimes when the punishment is bailouts and bonuses.
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    Jun 21, 2012 5:35 PM GMT
    ECnAZ said
    Bullwinklemoos said

    He doesn't deserve to be in prison, you're right, but like I said- how do you manage to not notice millions of dollars? I know if there's a few hundred missing, myself, so he definitely deserves to lose it if he can't notice that much missing for so long.


    I understand what you're trying to say, which is that he is partly responsible for creating the situation which enabled her to steal from him. But it does not excuse the crime and it does not make him a deserved victim. The biggest fault is that they trusted this woman.

    Regarding the question of missing the money. That's easy to do. Again, there's no article to tell us what type of company it is and just how large it is or its revenue stream. But taking money daily is a very easy way to make the thefts almost transparent. Clearly, this company was rolling in the revenue, (but it does NOT make it right that she stole) so they could have been taking in hundreds of thousands of dollars every day. $4k/day out of hundreds of thousands per day is almost unnoticeable. Very different than taking out a lump sum of $10million.




    That clarifies it, but I'll still slap it with a fail none of the less. Internet definition, of course.
  • TallguyNLA

    Posts: 440

    Jun 21, 2012 5:45 PM GMT
    ECnAZ said
    TallguyNLA said
    beachwalk saidYeah, what Paul said. How do you have a total of 10 million dollars stolen from you and not miss it. In fact, he said his company was still doing good and would weather this. He HAD to be makin mad money.

    RIGHT!!!
    I think his partners should have let him go with her to jail.


    I don't get this. This woman committed a crime, and yet the boss is being held under scrutiny? And she didn't just steal money to help her put groceries on the table or gas in the car. She stole money from pure greed.

    I don't see a link to any article, but what exactly was her job? I don't care how much money a company makes, certain jobs don't deserve more than a certain pay grade. And if the owners/senior leaders of a company are the ones coming up with the creative ideas, products, marketing strategies, et al, then they deserve to make the money they make. Yes, every employee of a company is integral to its success at some level, but every position has its monetary value. That's why it's called business.


    This has nothing to do with WHAT JOB she ad. her booses had a choice on what to pay her. She worked there for several years! my question to him, or them would be....how the hell did you have an employee stealing MILLIONS right under your nose??????? A couple grand over time is ALLOT LESS OBVIOUS! NOBODY is making so much that they wont miss 10MILLION! If you're working that hard to make that kind of money, THEN YOU DAMN SURE BETTER BE WORKING EVEN HARDER TO KEEP IT!
    this "secretary did get greedy, but that should have been one of many red flags!
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    Jun 21, 2012 5:48 PM GMT
    If they were family, well, really just my younger brother and sister, MAYBE I could forgive them. Otherwise, nope.

    Bitches be triflin.
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    Jun 21, 2012 5:53 PM GMT
    TallguyNLA said

    This has nothing to do with WHAT JOB she ad. her booses had a choice on what to pay her. She worked there for several years! my question to him, or them would be....how the hell did you have an employee stealing MILLIONS right under your nose??????? A couple grand over time is ALLOT LESS OBVIOUS! NOBODY is making so much that they wont miss 10MILLION! If you're working that hard to make that kind of money, THEN YOU DAMN SURE BETTER BE WORKING EVEN HARDER TO KEEP IT!
    this "secretary did get greedy, but that should have been one of many red flags!

    Maybe you should have read the article. A direct quote:

    "Authorities said Smith covered up the fraud by fudging bank and car inventory records, which she allegedly provided to accountants who audited the dealership's books."

    And my comment on the type of job she had was in reference to some feeling that, with all the revenues, she should have been paid more. Clearly, based on the evidence, her stealing had nothing to do with not making enough money.

  • neon4u

    Posts: 1152

    Jun 21, 2012 6:07 PM GMT
    I was wondering how long it would take till someone blames the boss. Bingo: the first few entries. The boss's mismanagement of his money doesn't matter. It's his money not hers. And to the ones who say the boss is so rich he could've given her more money; that's a ridiculous statement. She agreed to the work and to the responsibilities with the salary that was presented to her. No one argues, except for me, that it's better to be employed than to be unemployed. If she thought her self-value was worth more she could've easily gotten a job elsewhere. Instead of all of this she was a freeloader and a thief. And because she stole she went to jail. Don't be a dope to make the issue about anything other than her stealing.