...and I'm continuing this in a separate note, bc I jumped off your Florida story with a podcast of my own (and I don't know if this note will post... not sure of your policies on this):
...and I'm continuing this in a separate note, bc I jumped off your Florida story with a podcast of my own (and I don't know if this note will post... not sure of your policies on this):
I tend to cover public finance issues, so I'm more interested when it goes wrong in towns and cities (states are a matter on an entirely different scale). My specialty is public pensions, and I've seen it go really wrong for some funds. (Been tracking that since 2008)
In the podcast, I point out the case of Rita Crundwell in Dixon, Illinois, a notorious case of a lack of separation of duties leading to a 20-year embezzlement to the tune of $54 million from a small town. It was amazing. The town was later able to claw back $10 million in sales of Crundwell's assets and $30 in lawsuits against the auditors and banks who never raised red flags against Crundwell in those decades.
...and I'm continuing this in a separate note, bc I jumped off your Florida story with a podcast of my own (and I don't know if this note will post... not sure of your policies on this):
https://marypatcampbell.substack.com/p/fraud-and-embezzlement-how-to-prevent
I tend to cover public finance issues, so I'm more interested when it goes wrong in towns and cities (states are a matter on an entirely different scale). My specialty is public pensions, and I've seen it go really wrong for some funds. (Been tracking that since 2008)
In the podcast, I point out the case of Rita Crundwell in Dixon, Illinois, a notorious case of a lack of separation of duties leading to a 20-year embezzlement to the tune of $54 million from a small town. It was amazing. The town was later able to claw back $10 million in sales of Crundwell's assets and $30 in lawsuits against the auditors and banks who never raised red flags against Crundwell in those decades.