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Barry Dolowich, Tax Tips: Small business embezzlement

Bookkeepers are generally people we tend to trust, people we have to trust. Over my many years of practice, I have heard numerous stories involving theft and they almost all have one common theme: The victim is always quoted as saying, “I can’t believe he (or she) stole from me. I trusted him (or her).” It may seem obvious, but only someone you trust will be in the position to steal from you, whereas, if you did not trust that person, you would be very proactive in preventing him or her from having the means and opportunity to do so. ....

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