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Posted (edited)

"Hey the money is just there, they won't notice a few bucks."  Says everyone who embezzels money from their employer. Next thing you know you're in too deep.

Edited by ddaryl
  • Haha (+1) 1
Posted

Ha! Small potatoes! I saw a story the other day where some gal in Purchasing recently stole over $100 MILLION from the US Military and bought dozens of houses and cars. I mean….WTF! 

  • Shocked 2
Posted
14 minutes ago, SoCal Deek said:

Ha! Small potatoes! I saw a story the other day where some gal in Purchasing recently stole over $100 MILLION from the US Military and bought dozens of houses and cars. I mean….WTF! 

Wow...

Posted

 

This does make me think about how easy it would be for a GM to take kick backs. I’ll overpay you $5M if $1M makes it into this offshore numbered account. I’m sure there are quite a few agents happy to do that for a cut. 

1 minute ago, Bogie_Klinkhammer said:

Doesn't everybody steal millions from their employer ?

 

Banks are ripe. If you walk in, hand a note to a teller and take $2k out you’re almost 100% screwed. Bank robbers almost always get caught. Next to a post office they’re the dumbest thing to rob. But if you are an employee who embezzles hundreds of thousands of dollars, they’ll fire you and sweep it under the rug. No jail time because the bank will want to keep it out of the news because that will be a problem for their reputation and stock price. 

Posted
24 minutes ago, BarleyNY said:

 

This does make me think about how easy it would be for a GM to take kick backs. I’ll overpay you $5M if $1M makes it into this offshore numbered account. I’m sure there are quite a few agents happy to do that for a cut. 

 

Banks are ripe. If you walk in, hand a note to a teller and take $2k out you’re almost 100% screwed. Bank robbers almost always get caught. Next to a post office they’re the dumbest thing to rob. But if you are an employee who embezzles hundreds of thousands of dollars, they’ll fire you and sweep it under the rug. No jail time because the bank will want to keep it out of the news because that will be a problem for their reputation and stock price. 

Most banks don't even have a lot of money on hand. I found this out when I went to buy a motorcycle with cash. I went to my local Bank of America branch on a Friday and wanted to take out $16,000. Naturally, I assumed that they had loads of cash back in the vault, but apparently they don’t. They said we can't give you the $16k because it's payday, and we don't want to give away that much cash on a payday. I ended up having to go to three different branches to scrape together the $16k. LOL They said in the future, if you want a lot of cash, place an order for it beforehand.

Posted
1 hour ago, ddaryl said:

"Hey the money is just there, they won't notice a few bucks."  Says everyone who embezzels money from their employer. Next thing you know you're in too deep.

 

A former HS classmate of mine got caught.  Almost half a million, he was doing fake refunds through his position at work to his personal credit cards.  Blamed it on his addictions.  

 

 

37 minutes ago, BarleyNY said:

This does make me think about how easy it would be for a GM to take kick backs. I’ll overpay you $5M if $1M makes it into this offshore numbered account. I’m sure there are quite a few agents happy to do that for a cut. 

 

I keep asking but @Chef Jim won't tell me how to set one of these accounts up.  

  • Haha (+1) 1
Posted
13 minutes ago, Bob Jones said:

Most banks don't even have a lot of money on hand. I found this out when I went to buy a motorcycle with cash. I went to my local Bank of America branch on a Friday and wanted to take out $16,000. Naturally, I assumed that they had loads of cash back in the vault, but apparently they don’t. They said we can't give you the $16k because it's payday, and we don't want to give away that much cash on a payday. I ended up having to go to three different branches to scrape together the $16k. LOL They said in the future, if you want a lot of cash, place an order for it beforehand.

Yeah that’s a thing they started doing when people really robbed banks. You gonna rob a bank for 4K? And get how much jail time? 
 

Nah just keep it somewhere far safer and it won’t be an issue 

Posted
9 minutes ago, Just Jack said:

 

A former HS classmate of mine got caught.  Almost half a million, he was doing fake refunds through his position at work to his personal credit cards.  Blamed it on his addictions.  

 



Yeah that is what will drive some people to do something they never would of done without the addicition. Just ask the lifelong addict giving blowies for a few bucks

 

 

1 hour ago, SoCal Deek said:

Ha! Small potatoes! I saw a story the other day where some gal in Purchasing recently stole over $100 MILLION from the US Military and bought dozens of houses and cars. I mean….WTF! 



They really ought to start up a money laudering class in the HS curriculum

Posted
14 minutes ago, Bob Jones said:

Most banks don't even have a lot of money on hand. I found this out when I went to buy a motorcycle with cash. I went to my local Bank of America branch on a Friday and wanted to take out $16,000. Naturally, I assumed that they had loads of cash back in the vault, but apparently they don’t. They said we can't give you the $16k because it's payday, and we don't want to give away that much cash on a payday. I ended up having to go to three different branches to scrape together the $16k. LOL They said in the future, if you want a lot of cash, place an order for it beforehand.

yeah for the most part regional bank branches don't keep all that much hard cash on hand anymore. That's why you don't see as many bank robberies anymore: it's a lot of risk and attention for not a lot of money on hand.

 

More common targets now are marijuana dispensaries. Because of the strange mix of federal and state regulations, they are a mostly cash only business and banks will not allow corporate accounts (because banks are federally regulated). This means that you have a slew of cash only businesses, whose bookkeeping is always going to be suspect and an inability to get any federal law enforcement involved.

 

The More You Know Nbc GIF by For(bes) The Culture

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