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

tracy coenen noticed.

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