Sunday, March 30, 2014

Comprehensive Article About Embezzlement Epidemic In Vermont

Read this Valley News article from 3.30.14 which comprehensively discusses the apparent embezzlement epidemic in Vermont.  The report reads in part:
Based on cases that were in the judicial system in 2012, Vermont was ranked ninth in the country in risk for loss by embezzlement, according to a recently released report from Marquet International, a consulting firm based in New York City and Boston headed by Christopher T. Marquet, an attorney with more than 30 years of experience in business intelligence and security consulting. 
When all cases from 2008 through 2012 are considered, the report says, Vermont was number two, behind only Iowa. That state convicted Russell Wasendorf of siphoning off $215.5 million from 10,000 clients of the Peregrine Financial Group, a case which skewed the figures during the period.
By the way, one correction here: I am not an attorney.

1 comment:

Anonymous said...

You are an attorney as well? Or not? Fraud much?