July 19, 2018

in-laws

Minnesota Accountant Has Three Years to Think About Life Choices After His Embezzlement Put Father-in-Law Out of a Job

Ronald Schaeffer of Fairbault, Minnesota was the one-man accounting department of Environmental Tillage Systems Inc. He was, in the words of Kevin Born, the company's CEO, the “most trusted employee” at ETS. Disciples of COSO would tell you that this is far from an ideal situation. You know, no segregation of duties and whatnot. This precarious set-up at […]