Saturday, May 05, 2007
Christine Truitt, Embezzling
Could this happen in Delmar? Yes it could. No business is safe from embezzling and Delmar is not an exception. Hopefully we have accounting cross checks in place that would prevent this or at least catch it before it reached a half million dollars. At one time there was a Town check verification procedure where the Town of Delmar bank statement when received, would remain unopened until a Mayor opened it and ran thru the cancelled checks verifying they looked correct. I don't know if this cross check is still in existence. When I worked at the Wicomico County Detention Center we had a small checking account there and one of the accounting cross checks I set up was to have a clerk who was not connected with accounting to open the bank statements and look for signatures that looked fake or checks made out to employees that person also looked at the endorsement on the back of the check to see if an employee had endorsed the check, before the bank statement was sent to accounting for reconcilation. This is a simple cross check that would expose the less imaginative ways of fraud.
In addition, way back in the 1980's, a list of bills to be paid for that month would be presented to the Joint Councils, in public session, for approval. It would frequently break into a discussion as to why we had incurred certain bills but at least everyone knew what was going to be paid, including the public. That has since been dropped, as when I talk to councilmembers they have no idea what is being paid by the Town.
A simple way to prevent fraud and ensure accountability?
Surely you jest.
Yet again we speak of matters which I have raised and yet all of Transchoptankia has willfully ignored: namely, the necessity of a budget analyst position or office in government.
Who is this person you speak of?