Northshore embezzlement victim says bookkeeper left his company in ruins in Louisiana

[@telchinerd8828]

As a business owner you can’t take your eyes off of the books!!!

[@robertsessoms]

So very true

[@rpcarrier]

You are so right, I'm not a business owner but if I were, I can guarantee my wife would know every cent going in and out.

[@aneb7458]

You can’t trust anyone with YOUR money!

[@MynameisDUmass]

​@@aneb7458exactly, it's one helluva of a spooky thought & it's true to. I remember a few months back where a few millionaires invested their gold bars in this one company but come to find out it was a scam so yes you can't trust anyone nowadays

[@creolelady182]

facts

[@karendharrison]

Sad thing is, he'll never get that money back. Even with court ordered restitution she can pay $50 a month and her tax refunds will be automatically taken and put towards it. He'll never get even close to 1/4 back before he dies. She deserves prison time.

[@BAngel-kr2ty]

Boohoo! Guy is an idiot and lucky to even still be in business! In fact the fact is that the woman is SMARTER than the business owner and she actually DESERVES the money she spent because of that fact! 🤣🤣🤣🤣

[@christophermaccarone3157]

Yep. The magnitude of the embezzlement should imprison her and her husband for who knows how long if she decides to plead to a lesser charge. I think he waited far too long to audit the financial health of his company. I wish him a quick trial and put this episode behind him.

[@austinballard6815]

Oh, there are ways she can pay it all back. I can guarantee it lol..😅

[@anthonyrussell4888]

​@@austinballard6815I see you.😂

[@stevenmitchell1]

She and her husband both deserve prison time. And if they own assets, then the business owner may be able to recover some of the stolen funds. She is apparently out on bail, so she must have assets.

[@Jen-gn4cf]

Not only was the owner , his family and his business affected by this lady's actions so was all the employees who lots their jobs. Shame on the legal system.

[@derwolfpack3599]

The legal system? Its his business, it is his responsibility. He got coned. Like Trump voters.

[@theguildedscribe777]

She was no lady.. Which means.... she probably would Have spread em for him... He said No way Hoe what you say?

[@blackcherry6877]

​@derwolfpack3599 What did Biden voters get? Oh I know, taxes raised, rent raised, food prices skyrocketed, gas high, crime and bankruptcy.

[@blackcherry6877]

​​@@derwolfpack3599What did you Biden voters get? Oh, I know. Inflation, crime and bankruptcy.

[@blackcherry6877]

​@@derwolfpack3599What did you Biden voters get?

[@karen46600]

You should never allow Anyone have Control over your money without two signatures

[@SofiaDiasCrooks]

Agreed. On the other hand, some people will forge other people’s signature.

[@pearlbubbles6885]

​@@SofiaDiasCrooks Yes 3 signatures one the owners.

[@danlowe8684]

The funds stolen would also be considered unclaimed taxable income so let's get the IRS and state revenue dept going.

[@redbarchetta8782]

First, no, not if it isn't in his account. The IRS will not go after this guy as the accountant committed the crimes.

[@BigKandRtv]

@@redbarchetta8782 Brah.... LOL

[@New-bw4kz]

@@redbarchetta8782well if the account committed the crimes under his name then he is liable

[@stevenmitchell1]

​@@redbarchetta8782 The OP is talking about adding criminal charges to the Rivolo's original charges, not the victim. It's a good point and also seems to highlight the rinky-dink police and district attorney's lackadaisical efforts. This is truly subpar law enforcement.

[@cali2468]

@@redbarchetta8782🤦🏾

[@elviabenitez2828]

Don't trust anyone with your money, not even family members .

[@hondaxl250k0]

Especially family. They are the most likely to take from you

[@Fat12219]

I trust my daughter with everything ❤️ 😮

[@SeemoreButts-d6x]

And not even women, ESPECIALLY women. I’ve seen this happen to a periodontist who lost over 1.1 million like this fking GD women👎🤦

[@SeemoreButts-d6x]

@@Fat12219You a GD FOOL!!!!!👎

[@Cucumberflavoredmustard]

This is usually sound advice, but at some point you need to trust family at least a little.

[@carolr7823]

Did he ever have an audit done? A company that big should have had yearly audits.

[@mikemiller209]

Never a shortage of people waiting to spend your money

[@loloca]

Awful

[@blackcherry6877]

She stole his money

[@Fat12219]

Spend your money 😮

[@Nancy-z6n8u]

This is ridiculous. I hope he gets justice.

[@sarita5572]

Both her and her horrible husband need to be locked up. This is absolutely horrible. I dont even like taking a pen from work. I couldn't imagine stealing from the same company that is providing me with a paycheck to survive and live. Absolutely shameful.

[@johnlysic6727]

This happened to my Maternal Grandfather’s plumbing company in the 1970’s - trusted accountant stalled payments to vendors and skipped town leaving my Grandparents over $1m in debt at the ages of 60+ - they never recovered & died penniless (but still beloved by all) - I was too young to understand and I looked up to my Grandfather as my primary life mentor -

[@mibz1117]

Any advice for small business owners?

[@thedoor5442]

@@mibz1117 independent accounting audits.

[@Fat12219]

Sad 😔 😟 🙁 😥

[@Fat12219]

😢 poor grandparents 😮

[@zulufader9313]

Please lock her up for a minimum of 10 years, she's ruined this man's life.

[@chiefy915]

10 years? She put the owner threw more years of pain than that, I know it won't happen but at least youtube posts her nasty face

[@verleguntrumjr.2787]

As a business person, always, always, always have someone from the outside, review the books and tax returns.

[@RobertJarecki]

As a retired accountant, I agree. And, no matter how much one trusts a bookkeeper, they shouldn't be in a position to disburse funds or have access to company credit cards. Edit: Don't put your bookkeeper in the position of having to resist a huge temptation.

[@rickhammond2473]

Pay the employees more instead of shoving massive profits in your pockets

[@RobertJarecki]

@rickhammond2473 So, you are saying the owner should have paid the bookkeeper $800,000 (eight hundred thousand dollars) more than the salary he did pay her? Are you being sarcastic or did you *not* watch or listen to the video?

[@mike89128]

@@RobertJarecki Years ago, my first job at a Fortune 50 company was cash application at a central drop box. Before we got the checks to process, a separate team, under supervision. tallied the checks, broke them down into 50 check batches and then had us apply the money. Each batch had to tally exactly with the first amount, otherwise a supervisor arrived to review your work and find your mistake.

[@ricfax]

And never have your statements sent to anyone but you.

[@tonywinston9647]

The trusted bookkeeper, How many times have we heard this story. Heartbreaking loss

[@mmay6621]

She appeared at a court hearing in a wheelchair 😡 THIEF SCAMMER! Her husband needs locked up too.

[@joydubyadee]

I thought the same thing,

[@omegasage777]

LOL they always do

[@dustyflair]

what is funny is people like this are addicted to a lifestyle and will find the next victim. Lets hope it is a judge or judges family.

[@unusualfire]

In the video near the end it shows the husband passed away in one of the documents.

[@Fat12219]

Her husband knew in a way !

[@christopher88719]

As a small business owner myself one thing I do to try and prevent this type of thing from happening is I have notifications sent to my phone every time a company credit card is used, the text log is muted but I review it multiple times a day. I can quickly see any unusual purchases and contact the employee who will tell me why they made the purchase, it does two things, first I can keep notes on odd purchases so I know which client they go with and second my employees know that I watch our business funds.

[@loopthetube]

They can open up cards you know nothing about.

[@DowntownMeganBrown]

I found embezzlement at two separate companies. This happens alot

[@loloca]

Awful

[@rickhammond2473]

Pay more to the employees

[@jersey8231]

@@rickhammond2473 No! If a company doesn't pay you your worth you find another job. No excuses she should be behind bars!

[@bradschwamberger1217]

They both should be in prison. Seize everything they own.

[@cattnipp]

They own nothing. Did you see all the stupid stuff they spent the money on?

[@Sf6m-d7j]

​@@cattnipp yeap, they spent all money.

[@StevenTorrey]

"It's not that we don't trust your Bookkeeping, but we don't trust you, so we review your records on a weekly basis...."

[@MilePost106]

As an owner of a business I would want to see financial books at all times. This is what happens when you trust people. I knew people who did book keeping and figured out how to take money without the business owner knowing.

[@jeannineterese1037]

How has she gotten away with this! She needs to be in prison.

[@charliematt4808]

Make her pay regardless of what she has to do then it’s off to prison for life.

[@TheSouthIsHot]

I'm an accountant who has worked for small businesses. Don't even trust your mother with your cash. TRUST NO ONE. It isn't personal; it's business. You're not "paranoid". You're not "unappreciative". Treat everyone who has access to your cash/credit as though they are trying to steal from you. Guard your cash/credit as though your life depends on it because it does!!! I worked a contract for a small business and the owner was going to give to me his signature stamp! My jaw dropped. I told him to put it in the safe. PS: Also, don't hire anyone to keep your books who doesn't understand and implement internal controls.

[@WillowEtain]

Money is a drug worse than heroin

[@rickhammond2473]

Ok that the companies are greedy and pay most employees slave labor wages.

[@PatrickBaptist]

For the love of money is the root of all evil.

[@Fat12219]

Right ✅️ worse than heroin 😮😢

[@broeheemed32]

Money isn't the problem. Many people manage their money appropriately whether they have a little or a lot. The problem is greed and entitlement. Check her closets. I bet they're crammed full of expensive shoes and purses and "outfits". Either that, or she's a gambling fiend.

[@Molly_Pitcher]

I worked on various contract assignments trying to catch people like the woman in this video accused of embezzlement. They feel entitled to this money. A lot of times its a few people. My job came with some inherent dangers. My fairly new car was keyed, I was threatened with being beaten, strange calls on my landline, etc...sometimes the rot came from the top, i.e. controller etc....

[@JimDean002]

I had a family member went through that years ago. Their staff bookkeeper was taking all kinds of vacations while they were working 60 hours a week to try and stay afloat. Luckily they happened to get a bid on a big job while the bookkeeper was on one of his many vacations. As part of it they had to allow the books to be audited. It took the audit or 5 minutes to uncover $15,000 in theft. By the time the bookkeeper got back to town there was already an arrest warrant. Over 200 Grand gone

[@Shineynsparkles]

Ohhhh 😮

[@FantasySkyDuster]

Justice is a joke.

[@98f5]

This happened to me with a book keeper. It only took me 3 months and about 15k to catch her tho

[@deeloveli6469]

She deserves jail for a long time

[@bigbadbubba099]

This happens a lot more often than we hear. Terrible people are all over now 😢

[@mike89128]

In the late 1970s IBM did a hush hush audit for the Los Angeles Dodgers. The team felt that ticket sales revenue was being siphoned off but had no proof. A team of IBM systems engineers worked weeks before uncovering and understanding the scam. The Dodgers fired many people in the ticket office. But kept the theft from MLB because they would have had to do a complete redo of the books and write checks to all the other teams for shorted revenue. Baseball teams split revenue of home games 60-40 with the visiting team. Theft was in the millions.

[@tommeredith7462]

She should be incarcerated until her trial. What a shame this so called bookkeeping lady stole this man blind. A real sociopath. Her husband should be charged as well as he was the beneficiary of this ongoing theft on the part of his wife.

[@TL-wy1nk]

Wow, the courts certainly have not been helpful. It looks really bad.

[@chiefy915]

wow what nasty lady and family. Feel so bad for the company and it's employees.

[@agbook2007]

Forensic accountants and don’t wait on justice from St. Tammany Parish.

[@New-bw4kz]

You don’t give them access to to your money!

[@johnnieneal6077]

As a business owner do your own books it's hard to trust anyone these days when it comes to money

[@upaway8184]

I've caught Bookkeepers doing this to businesses before it got this extensive

[@DistrustHumanz]

Aunt Becky?

[@danielebrparish4271]

Only the business owner should have signature authority on the accounts. No checks should be written unless the actual invoices are attached to them. The owner should review the bank and credit accounts weekly. Purchase orders should be used. Have a CPA firm set up a set of procedures and make sue they are allways followed.

[@weirdshibainu]

I did consulting to small business owners for 10 years. 80% of them had no idea how much was in their checking account and had zero internal financial controls. The number one flaw was not having spending limits for employees. I worked with a company that almost went under due to outright fraud by the book keeper. The D.A. told him he'd pursue charges, but given that he had awarded her bonuses annually and sat 30 feet away from her in the same office for years, a jury probably won't rule in his favor. The kicker was that after he elected to not press charges after she was fired, her attorney contacted him and said he needed to work him to move her well funded 401k out of his management. How the guy never had a heart attack was beyond me.

[@kjhnsn7296]

There was clearly more there. He was most likely having an affair with her and didn't want the wife to find out.

[@weirdshibainu]

@@kjhnsn7296 Uh huh. You don't know that

[@stevenmitchell1]

Why wasn't her husband also arrested and booked as an accomplice? The parish has had 4 years to charge him. Why was she released the same day on a $50,000 bond? If she were held in jail this case wouldn't move so slowly through the courts and delaying wouldn't be her essential tactic. It must be the consequence of small-town, rural Louisiana law enforcement.

[@kellymaresha]

That mugshot thumbnail looked liked like Aunt Becky from Full House! I’m like, not again Laurie!!

[@anthonyvoss9150]

Damn she bled that company dry...

[@marymckay7154]

Wonder who ahe was wor,king for to keep get it stalled?

[@stevenpike7857]

This is why business owners need to have separation of duty and accounting procedures in place with random periodic audits.

[@ResidentialCentersofAmerica]

Not only did he go broke, but 55 others lost their jobs. One would think the county would do more, but our system allows for so many delays and games. Always check your books or have at least two people verify payments over x amount.

[@heathermetz6576]

Once the criminal case gets underway, start working on filing garnishments for the restitution. File a lien on ALL of her and her husband’s property, assets and businesses.

[@Shineynsparkles]

Facts

[@jessehickman668]

She’s playing the system like she plays people. Leopards don’t change their spots, con artists don’t stop conning. They learn how to not get caught.

[@davidlee50]

What Books? California East Bay victim here.....found a person in my Mother's trust and this person turns out to be an Attorney, Assistant DA and CEO of Ascera/Cal Pers. When Civil Rico applies to Trust Probate... you know you have a problem.

[@glendapate1960]

She and her husband needs to be in jail for years

[@gb9926]

You can’t give your bookkeeper or accountant card blanch! You are responsible for auditing your employees monthly!

[@DanLovesBooks]

Women are sweet, innocent, and helpful. They should be in charge of everything!

[@upaway8184]

Companies need theft insurance and make it a habit for Bookkeepers to have 1m in theft insurance with the company as the lien holder

[@Choose_thisDey]

Need to make an order to hit her credit and if possible get rights to her name. Anything she makes anything in her name would go back to him. So sorry to hear this.

[@zeke5491]

Never hire a gold digger to keep your books

[@tl3139]

Those soulless people have spent all of that money. A civil trial won't get him anything, unfortunately.

[@stevenmitchell1]

It totally depends on what assets the Rivolo's still own.

[@tl3139]

@@stevenmitchell1 If you steal like that, you spend like that.

[@jackramey3456]

You cannot have the same person authorizing payments AND writing checks. Annual audits should be required by top management to review income/expenditures. You must have checks and balances. So sad.

[@SlXkxmx]

Be a shame if something were to happen to these lovely… people.

[@86Sporty58]

Pound of flesh.

[@awaters8784]

Sometimes it's your own people. Stop giving it a cute name it's called stealing.😊

[@elmerkilred159]

Waiting for her book to come out. "How to Post Bond like a Boss, and Never Set Foot Again in Court."

[@thomaspacheco1687]

Scammers are everywhere

[@DonWalker-gv1ws]

Our justice system needs to give them the Max!

[@Solid3d-Melb]

Her kids surely weren't struggling.

[@alexjacobs3189]

Lousy attorney.

[@TL-wy1nk]

We have had several scumbag office managers. It is an epidemic.

[@karenbatastini9165]

Owners are guilty of stuffing cash in their pockets and state no money for Christmas bonuses as well.

[@UnblockedOne2]

my aunt embezzled her employer and also stole my grandma's identity. Only found out after she died, by going through her mail

[@steveludwig4200]

Dude needs a new attorney. this guy looks and acts REALLY weak begging a reporter for help?

[@robertjmillerma1059]

Great reporting 👍

[@joechang8696]

a boss has to watch the books really closely

[@mr.george-pht]

he will never get justice... sad...

[@Tanyo4567]

Trust is earned, not given!

[@PatrickBaptist]

As a business owner dude had it coming, you don't trust other people with your money or books, as old as he is you would think he would know better already, some of the most simplest obvious things people chose to ignore and then cry when they get stung. I'm just sorry for the hard workers that lost their job, I don't feel back for the rich lazy fat guy that didn't take time to make sure to oversee his own business.

[@WhiteDove73-888]

Looks like the full house lady

[@annietiques1803]

A civil lawsuit in this case is going to be throwing good money after bad money. She is never going to cough up anything because she spent it all. The best thing you can do is keep pushing for those criminal charges and keep on those people to move forward.

[@Joe-shmoeSmith]

ALWAYS PAY ATTENTION TO BOOKKEEPERS ACCOUNTANTS. PERIOD .TRUST NO ONE

[@Shineynsparkles]

Facts

[@cmorris9494]

My former coworker was arrested for embezzlement of her old job for 2 million. The company never got all of their money back. She went to jail for 2 years. She did try to get her job back at my company and they went no. Hire an outside firm to go over the books once a year.

[@MissBellaMe]

Let me make sure I read this correctly: your old coworker went to prison for embezzlement and tried to get her job back at the very job she embezzled from that led to said prison stint?

[@cmorris9494]

@MissBellaMe no it was her job before the one I work at.

[@anonone8954]

She showed him where someone was stealing candy bars while she was emptying the till with a wheelbarrow. 🤣😂😆 shady broad needs to be in prison.

[@xyPERSON]

So basically what ended up getting this thieving couple caught was their greed. But, in the end it is always about greed.

[@rirkc]

The justice system is fractured.

[@colonybud]

She will claim she was manipulated, slap on the wrist tops.

[@Bandboxxer-v3n]

Need a bookkeeper to watch the bookkeeper.

[@aneb7458]

They know how to work the system and using his money to pay lawyers for all the court manipulation.

[@kartiersupremewhite330]

Extremely interesting and informative.

[@JACKTOTTER]

Why would any one give control of his money to another person?

[@markseagraves5486]

Similar thing happened to me. It’s taken years to sort out.

[@MicDropBBQ]

I tell people to have TWO bookkeepers (one should be an auditor or at least experienced in audit), two doctors, and two mechanics. This way, you can always have one checking the other.

[@BenjaminDaCunha-ys8ty]

DJ from Full House must have fallen on hard times to do this.

[@Historyden]

People like this are certified monsters .. not only did she ruin this guy but all the people that lost their jobs at his business. If found guilty she needs to be given the maximum sentence possible to send a message.

[@bobe3250]

Hope he gets justice soon

[@upaway8184]

This is soooo sad

[@lettucesalad3560]

Basics of accounting - checks and balances

[@eileendriscoll4002]

You cant trust anyone with your money!

[@vickimaccallum]

To the video editor/producer: we can’t hear overlapping voices.

[@E.Asinus]

Shoulda just sold the bookkeeper for parts to recoup his loss

[@mfcobb1]

The lawyers are bleeding the money out.😮.

[@roamiblu1833]

Her defense attorney knows how to play the system. Her attorney is pushing for continuances so the statute of limitations (SOL) runs. *HIS* attorney needs to file a motions to either, deny any continuance, change judges (they make the decision to on granting a continuance), or try to change venue (which probably won't be granted but try anyway). This is ridiculous. If that woman and her husband as property, put a lien on it.

[@redbarchetta8782]

You hire these people to help your business yet this happens. Sad.

[@jeanniestegner9915]

Always watch the people in charge of your accounts 🙄 😊

[@user-sw9jo7fe3d]

Why would a civil suit conflict with the criminal trial? He has the receipts of the stolen funds. Sue her and her husband, win and immediately attach everything they own.

[@joshuapaul349]

Mr. Wilson if you see this just remember, you did it once, you can do it again. You don't seem like a guy that can retire, even if this never happened.