Alleged Defrauding by Individual to the Tune of $500,000 (Furnishing a Sorority)

[33girl]

ONE person can write checks?

Good grief, we needed two signatures on a check to go to GC Murphy and buy pomps and toilet paper.

[thetalady]

Originally Posted by 33girl

ONE person can write checks?

Good grief, we needed two signatures on a check to go to GC Murphy and buy pomps and toilet paper.

Requiring 2 signatures means squat to the bank. It is strictly for internal policy.

[navane]

Originally Posted by 33girl

ONE person can write checks?

Good grief, we needed two signatures on a check to go to GC Murphy and buy pomps and toilet paper.

According to the article, she was submitting fraudulent invoices to the furniture company for reimbursement and had set up a fake business account. The article does not mention anything about her being a sole signer to a checkbook - that is, she was allegedly submitting invoices to a vendor, not cashing house corp checks.

I only comment on this so that we don't have everyone go off speculating that this house corporation was negligent in allowing one signature on checks. Our international headquarters staff has sent representatives to the chapter and I'm sure the federal investigators will sort it all out.

[AnchorAlumna]

Originally Posted by 33girl

ONE person can write checks?

Good grief, we needed two signatures on a check to go to GC Murphy and buy pomps and toilet paper.

Does GC Murphy still exist??

[33girl]

Sadly, no Missing the home of the $5 all purpose party shoes.

[AnchorAlumna]

Originally Posted by 33girl

Sadly, no Missing the home of the $5 all purpose party shoes.

Oh, OK. Our GC Murphy closed many, many years ago...35? We still wish we had our Hill's Department Store back.
Sorry for the hijack!
Carry on....

[honeychile]

Without going into details, my chapter had a similar problem. The alumna in charge of our Housing Corporation used the money for personal trips to the Convention, and other personal expenses. Our Housing Corporation went from roughly $500K to nothing in three years. To this day, I feel that she was in cahoots with the accountant. Suffice it to say, she is no longer a member of Alpha Delta Pi.

[ColdInCanada11]

Originally Posted by honeychile

Without going into details, my chapter had a similar problem. The alumna in charge of our Housing Corporation used the money for personal trips to the Convention, and other personal expenses. Our Housing Corporation went from roughly $500K to nothing in three years. To this day, I feel that she was in cahoots with the accountant. Suffice it to say, she is no longer a member of Alpha Delta Pi.

Wow, I am speechless. I don't understand how anyone can do that to their organisation.