BOYD
    Forensic
    Accounting
    & Investigation

    Certified Fraud Examiners
    Certified Public Accountants
    5501 Highway 280
    Birmingham, AL 35242

    Tel: 205.991.5506
    Fax: 205.991.5450

    E-mail Us

 Chickasaw, Alabama - Over $1.6 million had disappeared from a non-profit organization, which handles federal money for low-income tenants. During an audit of this organization, our firm discovered the embezzled funds, and due to the large sums involved, the FBI was contacted. One of the longest tenured employees on their staff, and in a very trusted position, was arrested and charged. The employee gambled away most of the money at the casinos on the Mississippi Gulf Coast.
She pleaded guilty in September of 2006 and was sentenced to three years in jail, along with restitution of the embezzled money, and supervision for an additional three years.

 West Alabama, Eutaw - A trusted office employee stole rent receipts of the properties his company was managing and then paid personal bills and credit cards with this money. He also gambled away much of the money at GreenTrack.
He was sentenced, ordered to repay the money and went to jail.

 Gary, Indiana - A company employee from the office management staff was writing unauthorized checks. Her drug and alcohol problems were the proverbial " smoking gun".
She has been arrested and her case is pending trial.



 South Georgia - A CEO was paying unwarranted consulting fees to his relatives. A member of the Board of Directors was having remodeling work done at his house at the company's expense. He was arrested and convicted.


 Blount County - A Blount County Executive was writing unauthorized checks to himself. We discovered this during an audit, and he was convicted of embezzlement.


 East Alabama - During a routine audit we discovered that the bookkeeper was writing unauthorized checks and made sure the bank statements came back to her.
She had worked closely with the Board of Directors and was a trusted employee. When we audited this company, we discovered fraud immediately. The employee was arrested, convicted and is now serving her sentence in jail.


 North Alabama  - A long-time trusted office employee decided to help herself to "free money" by stealing cash receipts. Our audit detected fraud instantly. The FBI was advised, evidence collected after which she was arrested, and her case was adjudicated.



More Details and Some Specific Cases in the Industry News section.