Businesses and financial institutions across the nation have been rattled by fraudulent activity over the last few years. Be it from ACH card-derived fraud or identity theft, companies need to ensure they are going above and beyond the call of duty to protect the information of their clients and staff.
LoanSafe reports that officials in Chagrin Falls, Ohio, have arrested and charged a woman with conspiracy to commit wire fraud. According to the source, Leslie Apisdorf of Chagrin Falls successfully stole $300,000 through fraudulent activity. Through her business, a truck selling firm, Apisdorf managed to drain banks of the money. Possibly even more harrowing, Apisdorf conducted these activities from late 2005 to early 2009, unbeknownst to her employers, the financial institutions she was robbing, or law enforcement until fairly recently. LoanSafe adds that the Federal Bureau of Investigation is involved with the proceedings and have filed a criminal information suit against the defendant. Businesses need to ensure they are following proper safety practices and keeping a close eye on the balance sheet to deter such activities from occurring. Failure to do so could result in massive losses.