An Embezzler in Your Midst: What to Do if You Suspect Fraud

"The number of embezzlements occurring in businesses today is staggering – and even more so when you consider that only one out of nine cases is publicized," says Stephen Pedneault, principal of Forensic Accounting Services LLC (Glastonbury, Conn.). "A lot of these fraud cases are settled quietly and never result in criminal charges. When a potential problem is discovered, get to the bottom of it quickly. "But at the same time, stay unemotional and take a methodical approach," says Pedneault.…