Former Ohio Bureau of Workers’ Compensation (BWC) CFO Terrence Gasper received a sentence of five years in federal prison for parceling out millions of dollars in agency investments in exchange for bribes.
The BWC, under his financial, reported more than $300 million in losses.
“I never solicited or requested anything from anyone,” Gasper said. “My boneheaded criminal decisions lie in accepting what was offered to me.”
Final note: What are the signs an employee is on the take? They include a sudden change in apparent affluence (e.g., luxury car, jewelry, clothing). In addition, employees may suddenly stop taking time off, even for illness or vacations, to avoid anyone else looking at the books.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/3149/former-comp-bureau-cfo-faces-prison-time-for-kickbacks "