Big Brother. He’s Here. His name is Technology.

As we move further into the 21st century, one has to marvel as to how communication technology has changed our everyday lives and become such a focal point in day-to-day activities. It wasn’t long ago that it was rare for someone to have a cellular phone in the car. Today, it is rare for someone not to have a cell phone in his or her hand. Moreover, that cell phone (as small and slim as it has become) is a powerful tool. A “Smart Phone”; capable of checking your favorite teams box scores, making real time stock trades, or even allowing one to adjust the thermostat in their home. Most agree we wouldn’t give up these modern conveniences, but what about technological advances as they relate to security of people and property? Have those technological advances become too Orwellian?

Last week, the Today© show featured a story on a new technology that is slowly being used on school buses across the country. School districts that have adopted this technology assign students a unique ID embedded in a card (similar to a luggage tag) that is scanned when a child gets on or off a bus. It’s the latest technology designed to protect children and reassure parents that their child has arrived home safely or is at a specific and known location. About 5 percent of the 490,000 school buses that transport kids across the country are believed to use the student tracking technology, according to the National Association for Pupil Transportation. Many agree this may be too much “Big Brother”. Some have even posted a response that this is the “New World Order” and object to its use.  But in these days when both parents are working, and concerned enough to verify their child’s physical location, is this not something that could prove helpful, or has technology gone too far?

As Private Investigators and Security Consultants, we are constantly utilizing technology in ways that help protect people and property. Standard Safety and Security protocol and procedures require some degree of abrogation of our liberties and subject us to the inconvenient processes of providing identification; submitting to metal detection examination, inspection of personal articles, pat-downs, or scan imaging, etc. The discipline always entails some inconvenience to be effective.  The degree of our consent should be based on our individual tolerance for acceptance of these new technologies in our belief that in doing so, we are participating in a process that will enhance our collective safety and security. While there are opportunities to abuse these technologies, the intended usage and benefits of the described system will provide school and transportation officials with real time tracking to insure safe collection and delivery of students and give parents the added benefit of insuring their son or daughter is safe and secure. This is one case where Big Brother is truly acting like one.

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Embezzlement Schemes More Readily Exposed During Tough Economic Times…

Not so long ago, when times were good; business was steady, everyone in your organization worked diligently to meet deadlines, production schedules, quotas, all in an effort to make your company successful. The backroom crew was processing invoices; paying vendors, ordering stock and moving moneys to accommodate payroll, expenses, and other day-to-day operational needs.

By all measures, she was a ‘trusted employee’; rarely missed a day of work in 8 years, appeared to be competent and capable in her job as the accounts payable bookkeeper, and even put in extra hours to insure that all payments due vendors were processed in a timely fashion. She dressed modestly, wore no fancy jewelry, and drove a compact car that was seven years old.  The only problem for this model employee (as it was eventually discovered) was that she was systematically stealing the company blind. It wasn’t because of a drug addiction, or gambling, or some hidden agenda against her employer. It was husband’s failing construction business that prompted her to create phony invoices that were paid to a dummy corporation and sent to a post office box and subsequently deposited at a nearby Bank.

The scheme unraveled quite by accident, when downsizing forced the company to consolidate jobs and a co-worker questioned invoices that were billed to projects that didn’t match the vendor list. An internal audit ensued coupled by a call to the Company’s Attorney who was advised of the discrepancies.  Jennings Smith was retained to conduct an investigation of the matter. After securing documents and account data available, schedules were compiled, interviews conducted and an analysis was conducted by our Certified Frauds Examiner who determined the embezzlement totaled in excess of Five Hundred Thousand Dollars ($500,000.00).

Our firm then conducted an asset search and located banks accounts and real property owned by the employee and her husband which were immediately liened and subsequently liquidated as part of a restitution agreement.

Most embezzlement can be avoided by increased diligence and employing checks and balances in all financial transactions. Signs of potential embezzlement activity include missing records; invoices, checks, unknown vendor payments, altered check amounts and overall poor record keeping.

If our firm can be of assistance to you regarding this or any other matter, please don’t hesitate to contact us for a free consultation.

Jennings Smith Investigations

http://www.jenningssmith.com

Toll Free: (866) 629.3757