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exlurker

06-03-2014 06:01 PM

Alleged embezzlement by treasurer of E. Kentucky S

Alleged embezzlement by treasurer (now former treasurer) of E. Kentucky chapter of Sigma Nu, see:

http://www.richmondregister.com/loca...ezzlement-case

Kevin

06-04-2014 05:04 PM

In Sigma Nu, debit cards for chapter officers are a huge no-no. I'm sure they have remedied this issue.

ThetaPrincess24

06-04-2014 05:06 PM

Quote:

Originally Posted by Kevin (Post 2276835)

In Sigma Nu, debit cards for chapter officers are a huge no-no. I'm sure they have remedied this issue.

I've met a couple of their advisors and know that chapter pretty well. I agree. I'm sure they have corrected the issue appropriately.

Kevin

06-04-2014 05:07 PM

Quote:

Originally Posted by ThetaPrincess24 (Post 2276837)

I've met a couple of their advisors and know that chapter pretty well. I agree. I'm sure they have corrected the issue appropriately.

No doubt.

Our rules require that checks be co-signed by the President (Commander) and the Recorder (Secretary). A debit card may be convenient, but it defeats the internal checks and balances which should prevent this sort of thing.

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