Latest "embezzlement" Posts

Jennifer Elizabeth Meehan Sentenced to Prison

“I became caught up in my own fantasy.”  That is true it was a fantasy and today Jennifer Elizabeth Meehan was sentenced today  to six months in prison and fined $50,000.  In addition, U.S. District Court Judge Madeline Haikala also sentenced Jennifer jennifer-elizabeth-meehanElizabeth Meehan, 40, to serve 18 months of home confinement, 40 months supervised probation. She also is to serve eight hours a week community service while on home confinement and probation.

An earlier article outlined her crime.  https://www.chuckgallagher.com/jennifer-elizabeth-meehan-attorney-charged-with-defrauding-gamma-phi-beta-sorority-house/

From an unpaid volunteer position, Meehan has now through her own doing lost her license to practice law for a set of dumb stupid choices.

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Posted by Chuck Gallagher in embezzlement, Financial Fraud, fraud, legal and tagged , , , , , ,

White Collar Crime hard to Deter? Perhaps we’re trying the wrong approach says Business Ethics Speaker Chuck Gallagher

How do companies deter White Collar Crime?

White Collar Crime

White Collar Crime

With media reports filled with stories of “white collar crime” such as the developing Koss embezzlement story and the on-going reports related to Allen Stanford and recently sentenced Bernie Madoff, it’s no wonder that organizations are seeking to find deterrents to this seemingly growing phenomenon.

As I prepare to address a group in just hours, I came across this article in the Charleston Regional Business Journal and it struck me – “We’re going about this all wrong!”  But, before I suggest what’s right let’s look at excerpts from the article featured below.  The whole article is here:

Law school panelists: White collar crime hard to deter

By Andy Owens
aowens@scbiznews.com
Published Feb. 22, 2010

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Posted by Chuck Gallagher in embezzlement, New Website, prison, SEC, white collar crime and tagged , , , , , , , , , ,

What have all the Ethics gone? Seems that Fraud is rampant! Business Ethics expert Chuck Gallagher comments

All too often I’m asked, especially as we review this past year on the anniversary month of the disclosure of Bernie Madoff’s fraud, whether fraud should decrease since we are more focused on ethics and ethical choices. Unfortunately, as I see it the answer is a resounding no!   Fraud is rampant. Yet, the Ethics Resource Center in their new 2009 biennial National Business Ethics Survey reported a surprising conclusion:

We behave better in bad times.  “Contrary to what one might expect, misconduct declines in turbulent economic times and rises when the pressure’s off,” the report says.  When asked about specific abuses or ethical lapses – such as misusing company resources, lying to outside stakeholders or falsifying time or expenses – a smaller percentage of U.S. workers observed problems this year compared with the 2007 survey, taken before the recession began.  “Yet our research suggests that the improvements in ethical conduct will be temporary,” warned the ethics center’s CEO, Patricia Harned.

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Posted by Chuck Gallagher in business ethics, Choices and Consequences, Church Fraud, embezzlement, ethics, fraud, Fraud Pure and Simple, legal, New Website, prison, Scams, white collar crime and tagged , , , , , , , , , , , , , , , , , , , , , , , , , ,