Case Study from Fraud Magazine: Trusting Assistants with Access

By Monica Dalwadi, CFE, CPA, CIA; Aaron Raddock, CFE, CFCM, Fraud Magazine

Explore the case study of Evelyn Reynolds, a trusted executive assistant, who embezzled more than $100,000 from a children’s charity for her own nefarious use. The authors outline how she did it and their investigation.

Many executives are lost without their professional assistants who control their daily activities — calendar appointments, meetings, telephone calls and expenses. But what if an assistant has too much control and exploits an executive’s trust?

Evelyn Reynolds, a supposedly faithful assistant to the chief operating officer at a prominent non-profit organization, perpetrated a multi-faceted fraud totaling more than $100,000. In less than 10 months, she provided herself with a rhinoplasty, a recreational vehicle and a pile of cash that she didn’t earn.

Click here to read more of the article in Fraud Magazine, or contact us for a PDF of the full piece (only ACFE members have full access to the online articles).


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