That Trusted Employee May Be Ripping You Off —Michelson

Toppan Printing, Somerset, NJ, also caught its controller with his hands in the cookie jar. David Hathaway set up a fake company and then wrote out 10 Toppan checks totalling more than $118,000. And, at Columbus, OH-based Nutis Press, a bookkeeper pilfered $597,000 from the personal accounts of the now-deceased owner Frank Nutis. Behemoth printers can fall victim, as well. In Canada, the former Worldcolor—after being alerted by its bank—thwarted an effort by a clerk in its accounts payable department to issue more than $240,000 in checks that were made out to fake vendors.