Tuesday, October 4, 2011

Indiana Attorney General Calls For Bill To Curb Public Employee Embezzlement

The Indiana Attorney General, Greg Zoeller, has called for the State General Assembly to pass legislation that would help curb embezzlement by public employees.  One of the provisions would require double signatures for most state expenditures.  This is a good start, although people will always find ways to steal from their employers.  As Marquet International has demonstrated in its annual Marquet Report on Embezzlement, government entities and agencies was the most frequent industry sector victimized by embezzlement.  We recommend a number of other accounting reforms and business controls here

Read the story here.

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