A Year of Embezzlers, Closures, USPS Woes –Michelson
Fraud and embezzlement undoubtedly dates back long before Johannes Gutenberg invented the concept of movable type printing, but it sure seems that 2011 will be remembered as a year when so many theft cases in the graphic arts industry came to light. Perhaps these “white-collar” crimes can be chalked up to just another sign of our hard economic times but, more importantly, they should serve as reminders to printing business owners, managers and even rank-and-file workers to keep a watchful eye. Too often, by the time an embezzlement is discovered, restitution is minimal at best. The only solace left is knowing the perpetrator will serve time behind bars—although typically well below the sentences given to those who commit drug-related or other offenses.