Kim Herman of California was convicted of embezzling $365,000 from her Santa Barbara employer over seven years by manipulating the practice’s records system to conceal third-party checks she had written to herself. Herman was sentenced to five years in prison. A seven-year theft period involving deliberate records manipulation is a compelling illustration of why independent financial review — conducted by someone outside the practice’s normal chain of trust — is essential.
Have questions or concerns about your practice? Want to lower your risk of being embezzled? SPEAK WITH US.
Related reading: How Big Is the Embezzlement Problem?
Related Cases: $200K Restitution Sum and Jail Sentence for Vanessa Lentino of California Convicted of Steal from Local Dentist Upheld | California's Julie Diane Klein steals $11K from Boy scout troop; embezzles from dentist husband to repay. Sentenced to one day in jail