Former UPCI Pastor pleads guilty to embezzlement - Page 4

DAII · #31 09-10-2010, 03:47 PM

Quote:

Originally Posted by coadie

More idiocy. That is why you teach little kids and I have practiced in a CPA firm. I know you have no real business education. The day the union files a corporate resolution to allow any flunky to have signature authority on a bank account, he is officially an officer of the enterprise according to the Patriot act. We cover this in business law. At that time he acts as an agent. He has legal agency. Another legal concept. He can bind the union in agreements.

The reason Obama is pushing lax reports to the DOL by unions is so Union authorities can funnel more member dollars to political causes.

This is why Obama backing off on union reports is so bad.

It was just a matter of time ... Move over Bush ... This was all Obama's fault!

Oy vey!

DAII · #32 09-10-2010, 03:50 PM

Coadie, are you really Dr. Vaughn posting from a prison library?

coadie · #33 09-10-2010, 03:56 PM

Quote:

Sims was hired in November 2007 by an administrator to manage pension, health and welfare, and vacation funds for Local 915 of the International Brotherhood of Electrical Workers

You missed this.
I have used ADP. Payroll outsourcing is a concept school teachers don't grasp.
They are called PEO's
Professional Employer Organization (PEO),
Across the hall from my office is a huge personnel department for the nations largest bank. This branch is 30 billion in size and the staff are all in a PEO.
For a real auditor or even a forensic auditor, this doesn't matter. For a gradeschool teacher, they think they can argue.
ACORN as another quasi union enterprise tried to use shells in how they ran their business.

canam · #34 09-10-2010, 03:58 PM

Im still a member of the ironworkers union, even though i now am self employed and we had an official writing checks to himself and not putting the benefits where he was supposed to. Last i knew he was at 50,0000 and rising, the local as a result, was swallowed up by another larger local and all the funds were replaced by the district council. In the mean time nothing has been done to him .I dont get it,he should be in jail.

DAII · #35 09-10-2010, 04:00 PM

Quote:

Originally Posted by coadie

You missed this.
I have used ADP. Payroll outsourcing is a concept school teachers don't grasp.
They are called PEO's
Professional Employer Organization (PEO),
Across the hall from my office is a huge personnel department for the nations largest bank. This branch is 30 billion in size and the staff are all in a PEO.
For a real auditor or even a forensic auditor, this doesn't matter. For a gradeschool teacher, they think they can argue.
ACORN as another quasi union enterprise tried to use shells in how they ran their business.

Not payroll but investment fund. All well and dandy.

Still a NOT A UNION LEADER.

DAII · #36 09-10-2010, 04:02 PM

Canam, I'm sorry this pastor and staffing employee ripped you off

coadie · #37 09-10-2010, 04:02 PM

Quote:

Originally Posted by DAII

Coadie, are you really Dr. Vaughn posting from a prison library?

If you called me a homophobe today, I missed it.

DAII · #38 09-10-2010, 04:05 PM

Quote:

Originally Posted by coadie

If you called me a homophobe today, I missed it.

Not yet but you're still a FLAMING homphobe.

coadie · #39 09-10-2010, 04:13 PM

Quote:

Originally Posted by canam

Im still a member of the ironworkers union, even though i now am self employed and we had an official writing checks to himself and not putting the benefits where he was supposed to. Last i knew he was at 50,0000 and rising, the local as a result, was swallowed up by another larger local and all the funds were replaced by the district council. In the mean time nothing has been done to him .I dont get it,he should be in jail.

That is why we use CPA's. Most workers are under union leaders that are in their own trade. About the only mandated audits are ERISA, DOL and IRS. If they push these assignments to a myriad of friends and shell companies, shrinkage occurs in the accounts. One of the defenses in embezzlement is that the corporate resolution to sign the bank account and transfer money was authorized.
DAII fell for this. They say the flagrant worker was not ours, he was from a temp firm. He was not management. The day he was granted access to see and change files plus sign checks, legally he is defined as an authorized agent. Requiring more than one signature on an accont is an old internal control step. Having a person that signs checks not be the one that sees recieves statements and reconciles accounts is another internal control step.

ERISA requires fidelity bonds.

coadie · #40 09-10-2010, 04:19 PM

Quote:

Originally Posted by soldoutochrist

http://www2.tbo.com/content/2010/sep...news-breaking/

I knew Bro. Sims while he was a part of the FL District. Great man of God. Sad.

If these men have an accountability partner over their shoulder and a wife in their face, sexual temptation is more difficult to act on. Same with handling money. If they are set up in a way they can't have secrets, secret handling, it is much more difficult to follow temptation.