A fraud was reportedly identified when a supplier complained about late payment. Could accounting controls, such as regular supplier ledger reconciliations with segregation of duties have picked this up earlier?
This case also shows how any charity can see positive press coverage - ice bucket challenge - and negative press coverage - this fraud - over a relatively short time.
A former employee of the Motor Neurone Disease (MND) Association has been jailed for three years after defrauding the charity of £100,000. Theressa Morrisroe, 51, of Talbot Road, Northampton, took advantage of her role as the charity’s purchase ledger clerk to transfer over £100,000 into her father’s account between 2010 and 2013. She reportedly did this by duplicating an invoice from a regular supplier.