“You understand how we do business in this city, don’t you?” asked the executive director.
“Do you understand our culture?” Unfortunately, we did, which gave us cause for alarm.
Our client’s executive director was responding to our questions about a grant check that,according the award letter from the funding foundation, had been previously mailed, but of which we could find no trace in their accounting records or on any bank statement. “I deposited the check in a special account I keep for our restricted funds,” the director helpfully explained. He declined to show us the bank statement and, when we insisted, he decided our services were no longer needed.
Behind the Numbers: Fraud and its Warning Signs (Adobe Acrobat PDF, 60 KB)