Woman charged with fraud after $537,000 embezzled from Calgary company

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 52%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

ICYMI: Woman charged with fraud after $537,000 embezzled from Calgary company yyc

According to a police press release, between October 2013 and September 2015 the woman worked at the company on a temporary contract posing as an accountant. She was also the sole administrator of the company’s payroll system and had sole access to the company credit card.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

In addition, it’s believed she also used the company credit card to make “extravagant and expensive purchases,” totalling $29,843. The release said the credit card was intended for small day-to-day items for office use. The Calgary Police Service investigation also revealed the woman wrote 16 company cheques to herself, which she cashed, totalling $65,280.Article contentThe release said the fraudulent activity went unnoticed for an extended period of time, until the woman responded to a “suspicious work email,” sending a large sum of money to a supposed financial institution in China without checking with management.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Calgary woman arrested after police say she defrauded local company of $537k - Calgary | Globalnews.caCalgary police said the woman posed as a professional chartered accountant and used company funds and a corporate credit card to pay herself and pay off her personal credit card.
Source: GlobalCalgary - 🏆 50. / 61 Read more »