Embezzlement of Sorority Funds Alleged (U of the Pacific, Alpha Phi)

[Psi U MC Vito]

Maybe it's just me, but I click on it and get redirected to secure.www.greekchat.com

For the story, I find it strange there was no fail safes. Even on the undergraduate level my chapter required all checks above a certain amount to be signed by both the president and treasurer.

[exlurker]

Originally Posted by Psi U MC Vito

Maybe it's just me, but I click on it and get redirected to secure.www.greekchat.com

For the story, I find it strange there was no fail safes. Even on the undergraduate level my chapter required all checks above a certain amount to be signed by both the president and treasurer.

Okay, here's another idea:

Try going to

http://www.mercurynews.com/breaking-news

Look at list of stories that shows up. Click on the one about " Union City woman" and "embezzlement." Maybe that will work?

[Alumiyum]

Originally Posted by Psi U MC Vito

Maybe it's just me, but I click on it and get redirected to secure.www.greekchat.com

For the story, I find it strange there was no fail safes. Even on the undergraduate level my chapter required all checks above a certain amount to be signed by both the president and treasurer.

I found that odd, too. IIRC our checks had to be signed by either the president or VPF and the financial adviser or chapter adviser...but always by two individuals.

[AGDee]

Originally Posted by Alumiyum

I found that odd, too. IIRC our checks had to be signed by either the president or VPF and the financial adviser or chapter adviser...but always by two individuals.

This is how it should be to be able to be bonded. Collegians rarely understand why we do this. I often think they believe it's so they can't go spend all the money. They don't understand that it also protects their funds. One of the things we look at in a financial review is to make sure there are no pre-signed checks because it's "easier" to have one person (either alumna or collegian) sign a few checks ahead to reduce how often the two have to meet to sign them. It was fairly common back in my day to pay cash for dues also. It's very easy to just pilfer cash, especially if receipts are not issued immediately. This is one huge advantage to using Omega Fi.

[Alumiyum]

Originally Posted by AGDee

This is how it should be to be able to be bonded. Collegians rarely understand why we do this. I often think they believe it's so they can't go spend all the money. They don't understand that it also protects their funds. One of the things we look at in a financial review is to make sure there are no pre-signed checks because it's "easier" to have one person (either alumna or collegian) sign a few checks ahead to reduce how often the two have to meet to sign them. It was fairly common back in my day to pay cash for dues also. It's very easy to just pilfer cash, especially if receipts are not issued immediately. This is one huge advantage to using Omega Fi.

I think I would have been more confused if two people didn't have to sign checks because that's just common sense. As a member paying dues I would have been upset if I knew the VPF could sign off on whatever she wanted with no system of checks and balances. And as this example shows it isn't just the collegians that need checks and balances.

[ThetaPrincess24]

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[ramsey]

I posted this yesterday, but deleted it because I wanted to make sure I wasn't saying the wrong thing...but it sounds like you got the same email I did, but it was NOT from OmegaFi - it was from WePay. Did your email look like the one below?

Hi ____,
How are you?
Sorry for the random email! Not sure if you can help me, but I thought maybe you could point me in the right direction.
I found your contact info on your chapter's website and I thought that that you guys would be a good fraternity to reach out to. Would you happen to know who the treasurer is this year?
WePay is a Palo Alto based startup that helps you collect dues and other money, like rent, from your brothers. We are like OmegaFi or BillHighway but much cheaper and easier to use.
The average chapter saves $2,200 by switching to WePay.
You can create a group on WePay in a few seconds, and it's free - no set up fees or maintenance fees or anything like that. So you can try it out anytime! The website is:*link removed*
Also, here's a blog post from a Pike president who switched from OmegaFi to WePay-*Link removed*
Thanks in advance for your help. Call or email me anytime if you have any questions, need help or just want to say hi! : )
Thanks,
Sophie
PS-let me know what you think of the site-I'm always willing to trade WePay swag (we have sunglasses and fake mustaches!!) for feedback!

Sophie Monroe

Sunglasses and fake mustaches...how professional!

[ThetaPrincess24]

Originally Posted by ramsey

I posted this yesterday, but deleted it because I wanted to make sure I wasn't saying the wrong thing...but it sounds like you got the same email I did, but it was NOT from OmegaFi - it was from WePay. Did your email look like the one below?



Sunglasses and fake mustaches...how professional!

Yes it did actually!

I retract my previous comment on OmegaFi! I didnt read through the email carefully enough.