#### Reflection on the Embezzlement Case:

a. **Why was the embezzlement not caught for over 10 years?**

- The embezzlement went undetected for over a decade primarily due to Rita Crundwell's meticulous
manipulation of financial records and her ability to conceal the fraudulent activities. By operating a
secret account and fabricating invoices, she managed to evade suspicion and scrutiny for an extended
period.

b. **How was the embezzlement finally discovered?**

- The embezzlement was unearthed when another city employee assumed Crundwell's duties during
her extended absence and requested all of the city's bank statements. This led to the discovery of the
secret account and ultimately exposed the fraud scheme.

c. **Personal Experience with Similar Situations:**

- I have not been in or witnessed a situation like the Dixon embezzlement scheme.

d. **Ethical Reflection:**
- My best qualities regarding ethics include honesty, integrity, and a strong sense of responsibility
towards handling financial matters transparently. Areas for improvement could involve continuous
vigilance, fostering a culture of accountability, and being more attuned to potential red flags or
irregularities to prevent fraudulent activities.

e. **Further Information:**
- Watching the YouTube documentary "All the Queen's Horses" could provide additional insights into
the intricacies of the embezzlement case in Dixon.

#### Five Suggestions for Preventing Embezzlement at Your Place of Employment:

1. **Implement Regular Independent Audits**:

- Conduct regular audits by external auditors to provide an unbiased assessment of financial records
and detect any inconsistencies or irregularities. Independent audits add a layer of oversight and help in
uncovering fraudulent activities.

2. **Enhance Segregation of Duties**:

- Strengthen the segregation of financial responsibilities by ensuring that no single individual has
control over all aspects of financial transactions. Rotate duties periodically to mitigate the risk of one
person having unchecked authority over financial processes.

3. **Encourage Whistleblowing and Reporting Mechanisms**:

- Establish clear channels for employees to report any suspicions of financial misconduct
anonymously. Encouraging a culture of openness and accountability can deter fraudulent activities and
facilitate early detection.

4. **Implement Technology-Based Monitoring Systems**:

- Utilize advanced software solutions for real-time monitoring of financial transactions and activities.
Automated alerts for unusual transactions or patterns can help identify potential fraudulent behavior
promptly.

5. **Regular Training on Fraud Prevention**:

 - Conduct regular training sessions for employees on fraud awareness, ethical conduct, and the
importance of adhering to financial policies. Educating staff about common fraud schemes and red
flags equips them to be vigilant and proactive in safeguarding company assets.

These suggestions aim to fortify internal controls, promote transparency, and foster a culture of
integrity within the organization, reducing the vulnerability to embezzlement and financial fraud.