Professor Elam

Tuesday March 8, 2016

And you thought they were just dim bulb thugs!  now the Outlaw Gangsta Crips are into bank fraud.   

How, easy, just counterfeit some checks, deposit them into an account, then withdraw real cash, and bingo, much easier than holding up a convenience store and a lot more money in the deal, and hey, no deadly force worries.

Here is another example where forensic accounting and internal audit need to be vigilant.