Former Long Time Comptroller Serves 20 Years for Embezzling Close to $54M
Back in 2013, the former long time comptroller for a small town city of 15,000 people, in Dixon Illinois was sentenced to 20 years in federal prison for stealing nearly $54 million. The former government employee galloped away with the town’s money using it to support a lavish lifestyle and a nationally renowned horse breeding operation. This massive theft created an uproar over how she had gotten away with this for over 20 years while the town had been cutting its budget and borrowing funds to continue operating the town. A new documentary called “All the Queen’s Horses”, released on March 19th, helps explain how this was possible. Read the full story here for more detail.
Prevent This From Happening to YOU!
What are the Risks, Red Flags and What Controls Should Occur:
Make Sure Your Clients Take a Proactive Approach To Protecting Their Business Should a Loss Occur
Make sure your clients have crime insurance. Take the steps to ensure that your clients are covered by calling one of the Berkley Crime team members listed below.
| National Practice Leader Sean Missal (860) 466-7377 [email protected] |
Mid-West Regional Manager Michael Beranek (501) 707-6548 [email protected] |
| East Regional Manager Matt McNamara (212) 497-3707 [email protected] |
Amanda VanCauwenberge (312) 730-1101 avancauwenberge@berkleycrime. |
| Patricia Logan (212) 497-3708 [email protected] |
Thomas Trieloff (312) 705-1132 [email protected] |
| Cheryl Yorio (860) 466-7379 [email protected] |
Everton Barrington, FLMI (860) 466-7376 [email protected] |
| Alexander Doerflein (212) 497-3724 [email protected] |
West Regional Manager Jennifer Maggi (213) 417-5467 [email protected] |
| Adam Pardi (212) 497-3704 |
Catherine Vilandre (860) 466-7375 |