Theft from Alpha Tau Omega Foundation

[exlurker]

Around $200,000 was stolen from the Alpha Tau Omega Foundation over several years. See below regarding the perpetrator (a former employee), the judgment, etc:

http://www.theindychannel.com/news/l...ity-foundation

[Kevin]

That this could go on as long as it did speaks pretty poorly about the sort of oversight the executive officers were exercising.

[dukedg]

Originally Posted by Kevin

That this could go on as long as it did speaks pretty poorly about the sort of oversight the executive officers were exercising.

Agreed. They need to set up some stronger internal controls!

[GPhiBLtColonel]

Wonder how this was finally discovered?

I was there in April (my son is an ATO and I was in Indy for a GPhiB housing conference).