Posts Tagged: Director duties

Alleged Embezzlement Sets Off Review of Financial Procedures

February 7, 2012 Posted by The Law Firm for Non-Profits, P.C. in Accountability, Board, Director Duties, News

How closely does your nonprofit’s board supervise financial transactions? Last week, a woman who handled financial transactions for the Roman Catholic Archdiocese of New York was charged with embezzling more than $1 million over 7 years. She allegedly issued hundreds of checks in small amounts to her son under the guise of paying bills to …

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