| Josey Embezzlement Case | | | Jennifer Allgeier | 9/11/2011 | | Jeanette Elizabeth Josey is involved in a million dollar embezzlement case. She is accused of embezzling the money from her employer James Gillikin. James Gillikin is the owner of Gillikin Marine Railways, Inc., Morgan Creek Seafood, James T Gillikin Inc, Traveler Captain Jimmy Inc and Captain James II Inc. Josey worked as the office manager for the group for seventeen years. Detectives in Carteret County said that this is the largest embezzlement case they have encountered. According to WITN.com news channel Josey embezzled the money from legitimate payee accounts of the corporation’s general accounts and then converted the money to her own use.
John Pregent, “aka” Jack Pregent, 61, pleaded guilty before United States District Judge George A. O’Toole to one count of bankruptcy fraud involving a scheme to defraud. Sentencing is scheduled for May 15, 2012 at 2:30 p.m. He faces up to five years in prison to be followed by three years of supervised release and a $250,000 fine. Pregent owned the precision machine part manufacturing business Technical Fabrications, Inc. (“TechFab”) which operated in Newburyport until it filed for bankruptcy in July 2010. Pregent engaged in a scheme to defraud TechFab’s creditors, bankruptcy trustee and the bankruptcy court by transferring certain TechFab assets, including equipment and ongoing business, to a newly formed company.
The auditor conclude about 90 percent of the donations were used for Life insurance scheme and only 10 percent went for charitable purpose. 2. Man arrested in $100M Navy vet charity scam By Thomas J. Sheeran - The Associated Press Posted : Tuesday May 1, 2012 13:09:35 EDT A fugitive was arrested for running a scam that collected millions of dollars from people that believed to raise money for Navy veterans in Cleveland. The man used a false identify of Bobby Thompson and had multiple fake ID cards. He was indicted in Ohio in 2010 on theft, money laundering and other Florida-based charity related charges; however he disappeared in June 2010.
Based on the divorce agreement, Mr. Read had the options to require Ms. Read to transfer her stock directly to him or to the corporation at his election. On February 5,1986, Mr. Read elected to have the corporation redeem Ms. Read’s stock. The fair market value of Ms. Read’s MMP stock at that time was $838,724. The stock purchase agreement between Ms. Read and the corporation MMP provided that the corporation should pay a down payment of $200,000 in cash and issue to Ms. Read an installment promissory note of $638,724 with 9% annual interest from 1987 to 1989. Mr. Read guaranteed the company’s promissory note in payment for the stock.
(AP) Former Rite Aid Corp. chief executive Martin L. Grass was sentenced to eight years in prison Thursday for conspiring to falsely inflate the value of the company his father founded and cover up the scheme. Grass, 50, who headed up the nation's third-largest pharmacy chain in the late 1990s before being forced out in October 1999, also was fined $500,000 and given three years' probation for his role in a billion-dollar accounting fraud that sent the company's stock tumbling. Before U.S. District Judge Sylvia H. Rambo handed down the sentence, Grass apologized to Rite Aid, its stockholders and employees. "For the harm caused to them, I am truly sorry," he said. Grass was indicted by a federal grand jury two years ago.
How may Laura have been nabbed if her husband had not discovered the money and called the bank? It would have been very difficult to prove that Laura Grove committed the night depository robbery without the “smoking gun”--her husband calling the bank that he had found the money. The circumstantial evidence pointed to Laura as the prime suspect. As head teller, she had the opportunity to commit the crime since she had one-half of the combination to the night depository. According to Wells (2011), she was the first one in the bank entering before the surveillance cameras turned on (p. 74).
Environmental Equipment Service Company VS. Wachovia Bank 1) Ralf Bucci formed Environmental Equipment Service Company “EES” in 1973 as a sole proprietor. In 1980 he hired Elizabeth Greenawalt to serve as the bookkeeper and preform secretarial duties for the company. Greenawalt worked loyaly for EES for 13 years until late 1997. Bucci alledges that from 1998 to 2006 Greenawalt began to steal money from the company by altering checks and altering EES’ financial records to conceal the altered checks. From 1998-2006 Greenawalt negotiated over $925,000.00 in altered checks from EES, all of which were cashed or deposited at the Linwood Wachovia.
HIST101-1403B-05 Modern American History: 1950 to the 21st Century Phase 2 Social Unrest and Watergate Individual Project September 1, 2014 The Watergate burglaries, took place May 28 and June 17, 1972. There were five men who were apprehended inside the Democratic National Committee headquarters in the Watergate building during the second burglary. After being caught during the second burglary these individuals implicated themselves on other counts and charges by voluntarily telling investigators about having committed a previous break in. During the investigation of one of the 5 men arrested James McCord turned up information that Nixon had known of the burglary and attempted to cover up any White House involvement. The evidence that surfaced was able to link Nikon to destroying key documents to cover-up of the break in as well as uncovering that the Nixon reelection committee had run “dirty schemes and tricks” during the campaign against the Democrats.
Lyga was absolved of the shooting. It was found that he was in policy. In November 1997 there was a bank robbery of a Los Angeles Bank of America. The robbers stole over $700, 000. The investigators began to suspect the bank assistant manager Errolyn Romero.
This report will explain how all three conditions were present in Anna’s actions, how Max and Company failed to uphold quality, and describe Anna’s background. Body In the Maxwell case three elements where present that allowed fraudulent activities to occur in the Rusher Automotive company. The first element discovered was opportunity. Maxwell & Company assigned one accountant, Anna Thomas, to this client, Rusher Automotive. Anna did all bookkeeping work, recording journal entries, preparing checks for bills financial statement reporting for this client and she also did regular daily work like taking the deposit to the bank for the client.