Embezzlement is sometimes as easy as opening up a can of beer on a hot summer day, at least from the description of some cases. A press release (here) from the U.S. Attorney’s Office for the District of New Jersey sure makes it sound like it was easy for an accounting manager at the Hoboken Housing Authority to steal over $110,000. According to the press release, Eric Hurt admitted that "he embezzled the funds – in 34 checks written to himself – between about August 2001 and February 2004. To conceal the embezzlement, Hurt admitted that he falsely reported to the Housing Authority that the payees on the checks were various vendors doing business with the Housing Authority by entering them that way in the general operating fund check register." Not even a false name or a dummy corporation with a bank account he controlled, just a false entry in the check register. They’re called internal controls for a reason, and once again they seem to be ignored, no doubt because Mr. Hurt was a trustworthy sort of person. (ph)
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5 responses to “Was Anybody Looking Over His Shoulder”
Former Housing Authority manager admits embezzling $111,083
The former accounting manager at the Hoboken Housing Authority, Eric Hurt, pleaded guilty Wednesday to embezzling $111,083 from the agency by writing checks to himself, federal prosecutors said. The defendant admitted he wrote 34 such checks from Augus…
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Former Housing Authority manager admits embezzling $111,083
The former accounting manager at the Hoboken Housing Authority, Eric Hurt, pleaded guilty Wednesday to embezzling $111,083 from the agency by writing checks to himself, federal prosecutors said. The defendant admitted he wrote 34 such checks from Augus…
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