Accounts Payable Clerk Steals $250,000 from Local Transit Entity-Jack Little-ACFE Fraud Talk-Episode 35

Summary: July 2015 - John E. “Jack” Little, CFE, CPA, Senior Lecturer of Accounting at the Dyson School of Applied Economics and Management at Cornell University, examines a recent case in which an accounts payable clerk at the Tompkins Consolidated Area Transit (TCAT) diverted nearly $250,000 of cash out of TCAT accounts using a fraudulent check scheme.