Moss Adams Business Consultants: Fraud and Embezzlement

Fraud Investigation and Forensic Accounting – The material appearing in this presentation is for informational purposes only and is not legal or accounting advice. Communication of this information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant‐client relationship. Although these materials may have been prepared by professionals, they should not be used as a substitute for professional services. If legal, accounting, or other professional advice is required, the services of a professional should be sought 

 
AGENDA 
 
 I. Fraud Impact 
 II. Fraud Definitions 
 III. 2014 ACFE Report 
 IV. Fraud Prevention Techniques 
 
WHY ARE WE TALKING ABOUT THIS? 
 
Because fraud happens more than you know! SOME NOT SO NOTORIOUS… 
 
Women sentenced in Mattawa day care case YAKIMA, Wash. -- A federal judge today sentenced five Mattawa women involved in what began as a day care fraud case to three years of probation... 
 
Bank fraud plea sends woman to prison A Yakima woman will serve more than three years in prison after pleading guilty in a bank fraud-case that involved more than $500,000 taken from a Yakima Valley fruit company. Christi Lee Erickson was sentenced Tuesday in U.S. District Court in Yakima to... 
 
Dead man found off I-82 was wanted for fraud SELAH, Wash. -- The man who died when his vehicle plunged over a cliff north of Selah was set to be sentenced Thursday in Hawaii for a large fraud scheme, authorities confirmed… 
 
Yakima man gets five years for embezzling $2 million A Yakima man accused of embezzling more than $2 million from local orchard companies faces sentencing next week for three counts of federal bank fraud. David Lenihan, 55, was already sentenced Friday on related state charges. He pleaded guilty in Yakima... 
 
Embezzler ordered to pay restitution A federal judge in Yakima has ordered an embezzler to pay $412,000 in restitution to a local orchard company he defrauded. U.S. District Judge Fred Van Sickle on Thursday also ordered David Lenihan to serve 21 months in prison… 
 
unnyside police clerk sought on theft warrant SUNNYSIDE, Wash. -- Police here have accused one of their own clerks of embezzling more than $11,000. Virginia Perez, 21, has been charged with five counts of felony theft in Yakima County Superior Court and a warrant has …
 
WHAT IS THE COST OF FRAUD?  (Continue here..)

Things to do in Bournemouth, Dorset

Internationally renowned for being one of Europe's most fashionable resorts, Bournemouth attracts millions of visitors of all ages and nationalities each year. Seven miles of golden sand, vibrant nightlife, first-class attractions, beautiful gardens and summer festivals promise something for everyone.

Seven miles of golden sand and sheltered waters make Bournemouth a firm favourite for beach and activity holidays. Perfect not only for families with its pioneering beach safety KidZone scheme and dog-free areas, Bournemouth's daily average of 7.7 hours of summer sunshine also attracts serious sun-worshippers of all ages and nationalities. You will enjoy the award winning parks at Bournemouth; why not spend a lazy summer afternoon listening to the band playing in the Pine Walk bandstand, or take a stroll to the sub-tropical and Italianate gardens.

By day, the town is a shopper's paradise, a combination of high-street favourites and exclusive boutiques. The fashionable new-look Square, with its mosaics and stylish camera Obscura centrepiece, gives an atmosphere of continental chic. As the sun sets over the Victorian architecture, the nightlife in the vibrant and cosmopolitan town centre starts to hot up. Bournemouth caters for all tastes from West End blockbusters, hilarious comedians, classical concerts and plays to some of the hottest night-clubs in the country. Night owls will certainly be spoilt for choice.

Bournemouth's summer Festival For Families offers six weeks of free first-class entertainment for all ages. For children, a Kids Free Entertain-tent and beach GameZones offer a packed daily programme of activities. Adults will enjoy the Musicmakers Festival which welcomes music groups from all over the world, Flowers by candlelight where the Lower gardens are transformed into a twinkling fairyland, and the spectacular Friday Night Fireworks. Why not also visit the new indoor Wacky Warehouse play area, or discover the wonders of the world's oceans at the Oceanarium.

Bournemouth's beautiful beach and excellent leisure facilities make it a popular choice for sports enthusiasts and international sporting events. The seafront plays host to a number of high profile events each year, including the UKOBA Powerboating Grand Prix, Beach volleyball Grand Prix and, for motoring enthusiasts, the first leg of the Mintex National Rally Championship. The Liverpool Victoria UK Snooker championship and Allis-Merlo Pro-Am Celebrity Golf tournament have also become regulars to Bournemouth. Bournemouth's location makes it ideal for recreational sport as diverse as fishing, pony-trekking, cycling and water-sports.

Bournemouth's central location on the south coast makes it an ideal base for exploring the surrounding cultural heritage and stunning countryside that complement its own coastal beauty. To the west, the spectacular craggy rock formations of the Purbecks are the perfect setting for some breathtaking coastal walks. Inland, picturesque Dorset villages nestle amid a rich literary heritage, inspiration for many of Thomas Hardy's classics. Impressive historical ruins and stately homes stand proud in rolling countryside, whilst to the east the ancient New Forest remains a symbol of traditional England.

THE PORTAL FOR ELITE LIFESTYLES: ULTRAVILLA EXPANDS WITH ITS NEW WEBSITE AND SIX NEW MEMBERS ALSO ANNOUNCED

Ultra Villa, the world’s first luxury portal for ultra-lifestyles, is expanding into exciting new sectors:  UltraLodge, UltraSail, UltraSki and UltraIslands.  The new-look site also now has UltraBoutique and UltraResort categories, which will showcase true gems of hotels and resorts that should be on every luxury lover’s radar.

 

Ultra Lodge shines the spotlight on the world’s most prestigious lodges, making it even easier to walk on the wild side.  This section will be populated by specialists offering safaris, wilderness experiences, extreme landscapes, and sporting and hiking centres have all been carefully vetted with the same rigorous approach to quality that helped establish UltraVilla as the ‘little black book’ of luxury villa rental experts.

 

Ultra Sail is poised to deliver access to small, niche operators in the yacht world, as well as ocean and river cruises.  UltraIslands will showcase a remarkable collection of private islands or islands that house just one resort – for those who truly want to get away from it all, either with friends and family or for their own ‘Robinson Crusoe’ castaway experience à deux.

 

UltraVilla’s selection of experts dealing in the most extravagant chalets and ski apartments will now be housed in its own section, UltraSki, with many more joining soon, ensuring this will be a true global showcase of the very best. The brand new sections will be populated in the coming months so watch this space!  The redesigned website is also even easier to navigate, and now includes a ‘New’ section to highlight the latest members to be welcomed into the UltraVilla family.  Having passed the stringent vetting process, this month sees six new experts add their portfolios to the directory:

 

- In Villas Veritas – Laura Blair brings her appreciation of elegance and the very best to the Turks and Caicos. Her offerings in Punta Mita range from contemporary and luxurious sea and golf view haciendas to exquisite beachfront estates.

 

- Pamela Murdock – A long time lover of the Bahamas, Pamela represents a wonderful range of properties on charming Harbour Island from classic Bahamian cottages to beach houses -including an ultra cool contemporary masterpiece.   She shares her insider tips with clients, such as when is the best time to get a table for lunch at Sip Sip, who sells the tastiest jalepeño cheese bread, where the best deserted island is to have a picnic and where to find the best barbeque (Hint: There’s no sign. Follow the delicious smell to the house with Christmas lights on Dunmore Street).

- Amara Myanmar – Originally founded by a member of the Burmese aristocracy to host European philanthropists who were supporting her foundation post Cyclone Nargis, a share of profits go to the Amara Foundation. Amara’s own unique offerings are:

* The two teak river boats, Amara I and II have only 5 and 7 cabins respectively, and a divine crew. Forget anything else claiming to the best on the Irrawaddy – this is the only way to travel in luxury and privacy, taking in Bagan and Mandalay, and the joys of rural riverine Myanmar on the way.

* The Amara Ocean resort. Three kilometres of perfect private tropical beach in this 25 teak bungalow resort set in the palm groves, on the soft, sandy coastline of Northern Ngapali.  Enjoy spas, excursions to local markets and pagodas, and night-time fishing.

* The Amara Mountain Resort. It really is ‘Tales from the Raj’ in this 10-bedroom lodge in the foothills of the Himalayas, as you play golf, trek gentle paths, meet the colourful local tribes and snuggle by the fire on crisp mountain nights.

- Isola Santa Cristina – Exclusive to UltraVilla member Siglinde Fischer/Charming Places and a brand new property to the market, Isola Santa Cristina is a private island situated in the Venetian Lagoon. Arrive by the owner’s private launch to be met by peacocks strutting on the lawn in front of the villa; enjoy your own private nature reserve on this historical island estate, complete with apricot orchard and vineyard.

 

 Two new members COMING SOON:

 

- Schloss Kogl in Salzburg – A picture perfect, fully-staffed castle on Lake Woerthersee with a backdrop of the Alps, and the magical town of Salzburg a stone’s throw away – the perfect base for a cultural stay during the summer Festspielen or January Mozarteum music festivals, or just to soak up Austrian culture and culinary glories, to follow the Sound of Music trail, or enjoy the plentiful sports and hiking opportunities of the lake and mountains.

- Also look out for Excellence Villas, a great new Italian specialist.

www.ultravilla.com

 

-ENDS-

 

About UltraVilla

 

UltraVilla began as an invitation-only consortium for the world’s leading independent specialist villa experts (limited to the top 5% in their fields) established to provide a hallmark of excellence in that  sector. Now encompassing the best of the best in elite travel experiences, it offers a trusted directory, not a booking engine, for high-end travellers and travel agents to the world’s top holiday rental experts working with the most exclusive villas, private houses, lodges, chalets, private yachts, private islands,  boutique hotels  and apartments. UltraVilla was founded by industry leaders Ileana von Hirsch of Five Star Greece, Andrew Loyd of Loyd Townsend Rose and Marina Gratsos of Carpe Diem Luxury Travel.

Dr Howard Marans: Best Orthopedic Doctor For Athletes and Sports Injuries

Maintaining an active lifestyle as a student-athlete, minor league player, professional player, or just training to stay fit is a priority to millions of people. When an injury causes a person to halt the training or participation in the sport, the desire to return becomes a feeling of urgency. Athletic and sports injuries may occur due to a variety of circumstances including the type of training or sport of choice.

Orthopedic Doctor for Athletes

A specialized orthopedic doctor for athletes will work closely with the injured person in an individualized manner to achieve an optimal outcome.

Sports Medicine

Sports medicine works on different levels by helping a person:

  • Achieve peak performance
  • Recover from all types of injuries
  • Prevent future injuries through training and education.

Seeking an orthopedic doctor for athletes is essential. The orthopedic specialist understands a person’s dedication for a chosen sport or fitness activity. With the extra training and credentials, the orthopedic doctor for athletes will design the best treatment program for an injured person to allow for the fastest recovery.

Seeking Out Help

Finding the best orthopedic doctor for athletes and sports injuries will depend on a variety of contributing factors. Start by making a list of the orthopedic specialists within a specific geographic location. Ask friends, coworkers, family members, and others to make a referral. Or, use the Internet to check out online reviews. Find out the orthopedic doctor for athletes area of expertise.

Fractures, severe sprains, and overextension are common injuries for athletes. Other injuries require specialities of orthopedic practice.

 

  • Shoulder: arthroscopy, rotator cuff, impingement
  • Knee: ACL, MCL, PCL injuries and torn cartilage
  • Hip: cartilage injury, tears, bursitis, tendon tears
  • Elbow: MCL injuries, impingement,
  • Ankle and foot: tendon repairs

Accurate Diagnosis

Treating the various orthopedic problems and injuries for athletes begin with an accurate diagnosis. The best orthopedic doctor for athletes will begin with a complete medical history. Before the initial consultation, a patient may want to write down information to help with the process. The smallest detail of past injuries may help identify an overtraining technique or other source contributing the present problem.

Along with the complete medical history, a physical examination and testing will be done. The testing may be done with x-rays, MRIs, or other imaging techniques. After all the medical information is gathered, the orthopedic specialist will design a treatment program to best fit the athlete’s needs to return to an active lifestyle.

Treatment Approaches

Each athlete will have a different treatment approach due to the individualized nature of the injury. When the injury is less severe, non-invasive methods are implemented.

  • Rest
  • Physical therapy to strengthen muscles and restore function
  • Over the counter, prescription, and injections to help ease the pain and reduce inflammation to promote the healing process.
  • Change in fitness routine to help in the prevention of future issues
  • Bracing, or splints to support the injured area, during the healing process

When the non-invasive methods do not yield the desired results or the injury is too severe, an orthopedic doctor for athletes will recommend Arthoscopic Surgery to repair the damage.

Best Orthopedic Doctor for Sports Injuries

Understanding the unique needs of athletes, Dr. Howard Marans will work with each patient to find the best treatment approach involving the shortest amount of recovery time possible. Please click below to schedule your consultation or call us at 714.979.8981.

Al Lamb's Dallas Honda: 2015 Honda FourTrax Foreman Rubicon 4X4 Automatic DCT EPS

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Al Lamb's Dalla Honda FourTrax Foreman Rubicon 4X4 is the ultimate ATV to help you work or ride trails in comfort and style. The Rubicon was built to be comfortable regardless of the terrain or job it is being used on. Each Foreman Rubicon utilizes the same 500cc motor and comes with the option between two transmissions;a tough and conventional-type ATV gearbox that makes the Rubicon the only manual-shift ATV with Independent Rear Suspension available on the market, and Honda’s incredible automatic dual-clutch transmission that’s not only durable, but quick shifting.

In addition, the Rubicon’s independent rear suspension allows for riders to boast the confidence to conquer any difficulty trail with ease and comfort, while riding all day and maintaining traction throughout. Various styles of the Rubicon come with electric power steering, making riding much easier on the arms, and each comes with rugged steel racks for cargo space.

The Rubicon is a multifaceted ATV built to be durable and comfortable, and with a range of options available, there is surely a Honda FourTrax Rubicon that can fit whatever job or trail you need an ATV for.

The Automatic DCT model is everything that comes on the standard Foreman Rubicon 4X4, but with Honda’s Automatic Dual clutch Transmission added. In addition, the EPS model comes with Honda’s signature electric power steering, to make riding much easier.

Dr. Richard Isaacs

Ear, Nose & Throat (Otolaryngology)
Sacramento, CA

25 Years of Experience
3 Insurance Plans

Dr. Richard Isaacs Practices
Kaiser Foundation Hospital South Sacramento

6600 Bruceville Rd
Sacramento, CA 95823

* Accepting New Patients
* Electronic Health Records

Mossack Fonseca on China & Switzerland: Begin Direct Currency Trading

Monday, November 9th, 2015

With the authorization of the People's Bank of China, the China Foreign Exchange Trade System (CFETS) announced that beginning November 10, 2015 they will launch direct trading between the yuan, also known as the renminbi (RMB), and the Swiss Franc (CHF) on the inter-bank foreign exchange market.

China is seeking to promote its yuan as a global reserve currency alongside the dollar, an ambition that depends on its willingness and ability to loosen tight restrictions on the currency's trade.

One major step towards achieving Beijing's goal is convincing the International Monetary Fund (IMF) to include the yuan in its internal "special drawing rights" reserve currency basket. The IMF is expected to make its decision regarding the yuan in the near future.

“This is an important step in strengthening bilateral economic and trade connections between China and Switzerland,” the People’s Bank of China said in a statement on its website. The link will help lower conversion costs and facilitate the use of both currencies in bilateral trade, it added.

The yuan can only move up or down two percent against the US dollar from a mid-rate set daily by the central bank. The Swiss franc will be allowed to fluctuate five percent on either side of a central rate, the CEFTS’s statement said.