Embezzlement Due to Financial Stress During Coronavirus

[Kim Lisa Taylor]

Don’t let your syndicate become a victim of embezzlement due to economic hardship during the coronavirus pandemic.

You need pay careful attention to money in your syndicate and the people with access to it. When people experience financial stress, embezzlement increases. It always starts with access and an unsharable need. The person usually plans to borrow the funds, believing they can pay it back. When they can’t, they try to justify why they deserved it. By then, the funds are spent and irretrievable.

Partnership embezzlement and investor fraud happens. Don’t let it happen to you or your investors.