how a cfo steals millions… and no one notices?!

tracy coenen noticed.

coenen

this week koss corp (nasdaq: koss) announced that sujata “sue” sachdeva was fired from her position as vice president of finance for stealing at least $4.5 million from the company. two members of the accounting staff sachdeva supervised were suspended without pay. and then the estimate of losses went up to $20 million.

and here’s where it gets crazy… read the rest at sequence inc. fraud files blog.

posted on december 26, 2009

one response to “how a cfo steals millions… and no one notices?!”

skell
august 4, 2010
you miss 100% of the shots you don’t take.

rick telberg

about the author

rick telberg is a veteran analyst, advisor, commentator, editor, and publisher. he brings a unique background and perspective to research and advisory services for the professional services community.

mr. telberg may well be the accounting profession's most widely-known commentator through his long associations with the american institute of certified public accountants, accounting today magazine, and today, 卡塔尔世界杯常规比赛时间.

as an expert in management, marketing, media, and e-commerce, mr. telberg has served as senior editorial director of pro2net corp., now www.smartpros.com, and as director of online content at cpa2biz, www.cpa.com.

previously, mr. telberg served as the early editor-in-chief of accounting today, and as vice president/group publisher at thomson financial (now sourcemedia), overseeing practical accountant, accounting technology, and what is now accountingtoday.com.

mr. telberg was presented with a special citation by the national society of accountants for service to the profession and has served on a variety of boards and steering committees, including bkr international and the ibm small business advisory council. he is a graduate of new york university.

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one response to “how a cfo steals millions… and no one notices?!”

skell