Forensic AccountingAudit

The Insider Threat: Forensic Audit Reveals $500k Embezzlement

Hospitality Group
Las Vegas, NV

Executive Summary

Cash businesses are prime targets for fraud. A Las Vegas nightlife group noticed a disturbing trend: record bottle service sales but stagnant cash deposits. Fynex's Certified Fraud Examiners (CFEs) conducted a covert forensic audit and uncovered a complex skimming scheme involving the General Manager and compromised POS terminals.

The Landscape: Hospitality Group Context

The 'Fraud Triangle' consists of Opportunity, Pressure, and Rationalization. In cash-heavy environments, opportunity is everywhere.

The Breaking Point

"Our sales were up, but our bank account was flat. Someone was stealing."

VC
Owner
Nightlife Group

The owner suspected his business partner but didn't have proof.

The Fynex Protocol

We analyzed the void/comp reports. We found excessive comps authorized by the GM ID code.

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Technical Implementation

We traced the timestamps of cash drops to CCTV footage.

Verified Outcomes

Void % of Sales

Audited

We provided a 50-page evidence binder used by law enforcement. The employee was prosecuted. Insurance covered the loss.

Future Horizon

Implemented biometric POS logins.

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