We’ve all heard of scams that involve people getting ripped off for hundreds, even thousands of money. But what if the scam was played out on a much larger scale, with an entire Midwest sandwich chain as the target? That’s exactly what happened recently when a Midwest sandwich chain became the victim of an embezzlement scam. In this article, we’ll take a look at how it all happened, how it was uncovered, and what consequences were faced by those involved.
Midwest Sandwich Chain Embezzlement
An investigation has uncovered a large case of financial fraud for a Midwest sandwich chain. The company’s controller has been accused of embezzling nearly two hundred thousand dollars over the course of two years. Questions over how the embezzlement could have gone undetected for so long have brought a potential organizational culture of financial misconduct into question.
The controller, Tessa Franklin, had been at the chain for over a decade and was responsible for monitoring and approving all organization’s spending. Using fictitious check transactions, Tessa allegedly diverted the funds to her personal bank account. The full extent of the fraud is still being investigated but it is clear the chain’s financial health has suffered greatly as a result.
- Tessa Franklin has been accused of embezzling nearly two hundred thousand dollars.
- The chain’s financial health has suffered greatly as a result.
- Questions over how the embezzlement could have gone undetected for so long have brought a potential organizational culture of financial misconduct into question.
This Midwest sandwich chain embezzlement story is just one of the many proof of how even small operations can be exposed to financial deception. May this case serve as an alert to other business owners that they should keep a close eye on their money.