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Ex-bookkeeper in Eugene accused of stealling $1.5M

Posted on November 29, 2009 at 7:34 PM

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EUGENE, Ore. (AP) — A former bookkeeper at a Eugene printing company has been accused to embezzling $1.5 million.

The century-old IP/Koke company closed nearly a year ago, and its CEO says he didn't realize it was being drained from within.

But for the thefts, Jason Pierce told the Eugene Register-Guard, the company would have been in the black every year.

Authorities say 48-year-old Victoria Marie Monfore of Springfield is accused of forging company checks and making them payable to herself. She was arrested Wednesday.

Pierce says he thought accounting problems at the company were a matter of poor performance.

He says he had fired one executive and eventually Monfore before her successor convinced him that theft was the problem. That touched off an investigation.

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Information from: The Register-Guard, http://www.registerguard.com

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charlieharper said on November 29, 2009 at 5:21 AM

Let me guess, she has a gambling habit and is seeking help.

last__boyscout said on November 29, 2009 at 10:33 AM

So much for the theory of huge corporations screwing the small guy, looks like small business bookkeepers are just as bad.

speakthetruth said on November 29, 2009 at 10:35 PM

The middle-aged bookkeeper/accounting lady who steals a company blind is an oft-told story, as common as dirt. Sometimes they have a gambling habit, sometimes an addicted relative, sometimes a "thing" for shopping, sometimes they are just greedy...Don't trust your employees blindly, and have an annual audit. While this crime sometimes happens within a short period of time, it often goes on over a period of several years or more.

shallowend said on November 30, 2009 at 9:17 AM

Trust, but verify. All my employees who deal with the financial information and the actual accounts are bonded by an insurace company and audited by a random peer quarterly and by an outside agency annually. I make sure they all know that I will prosecute both civilly and criminally. I've never had a theft issue, just the normal human error situations.