Accounting: David Miller

In: Miscellaneous

Submitted By ogdru
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Pages 5
1. David Miller is not unique in that he fits the profile of most white collar criminals. White collar criminals look like everyone else in the business world, some are well liked and they seem to be ideal employees. They work long hours and never take vacation but they are most likely working on the constant struggle to conceal their fraud. It is for these reasons that it made Mr. Miller hard to detect. His employers thought he was putting in the extra mile when he would work long hours and he was said to do outstanding work. Most of this was most likely a ploy to cover his tracks. This coupled with Mr. Miller being a very likeable person proved to make his transgressions very hard for his employers to detect.

2. Mr. Miller committed the various fraud schemes by stealing money from his employers through forged checks. In order to forge the checks, Mr. Miller himself would sign the checks or he would trick colleagues into signing their names to checks requiring two authorizing signatures. He would do this by asking them to sign the checks just in case the company needed to authorize a payment while they were on vacation. In order to conceal the fraud, Mr. Miller would retrieve the canceled checks from the bank reconciliation and destroy the canceled checks he used to siphon money. The amount stolen was charged to a business unit’s expense account in order to balance the company’s books. Since Mr. Miller was stealing the money through forges checks, he would simply deposit the checks into his personal account to convert the funds into personal gain. With the stolen money Mr. Miller spent the money on everything from vacation homes to custom tailored suits.

3. Mr. Miller faced different personal pressures that allowed him to rationalize committing the various fraud schemes. The two most obvious pressures were Mr. Miller’s debts he owed previous employers for…...

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