Jul 13, 2018
Kelly Paxton specializes in finding and helping Construction Contractors, other businesses, and government agencies root out Pink-Collar Crime in their companies. The term Pink-Collar Crime was made popular Dr. Kathleen Daly in the 1980s to describe a type of embezzlement crime committed by female employees who may have limited opportunity.
It is thought women in this situation may have a history of committing low level crimes such as check kiting and bookkeeping fraud. Part of the reasoning is women tend to be in less powerful positions compared to men who had a history of engaging white-collar crime.During our Podcast interview which you can listen to Part 1 by clicking the play button above I asked Kelly why she became interested in Pink Collar Crime.
She replied "...When I started working at the Sheriff’s Office I became intimately involved in seeing the devastation caused by small business embezzlement. What I did not know was the perpetrator committing these crimes. When I was a federal agent most of my targets were typical White Collar Criminals—in other words men.
Kelly goes on to say she was seeing women who had violated the trust of their employers. Out of all the cases she worked at the Sheriff’s Office there was only one male embezzler they came across. The rest were women, all kinds of women: old, young and middle aged. Some had gambling habits, some of them wanted to buy stuff they didn't need, with money they didn't have to impress people. They appeared to share two things in common— they had earned their supervisor's trust and they had the opportunity to embezzle.
Another medical office embezzlement but this one is a family
affair. Older sister who is a well paid ($110k per
year) office manager stole from her younger sister’s medical
practice. Can you imagine the Thanksgiving dinner they
had? Well it probably didn’t happen. Reading the story
http://bit.ly/2A53LiM is like a soap opera. At this point
therapy may not help. According to the affidavit:
“Additionally, airplane flights and in-flight charges were
purchased using the card, along with lengthy expensive hotel stays
and various vacation charges,…Also noted were charges for plastic
surgery and cosmetics.“Lastly, many personal charges (were made),
such as car repair, car registration, gas, music, horse boarding,
various saddles and accessories for horses and other pets and
miscellaneous grocery shopping, etc.”
Then in 2014 she came down with an eating disorder and other health
issues that prompted her to begin “binge shopping,” according to
the affidavit.
In addition, one of her daughters began “doing really well with
horse riding,” so she began paying for those expenses with clinic
credit cards.
For everyone who follows me on Twitter or has seen my presentation
you know #horsesareaclue. They are expensive and a pink flag.
By summer 2016, Shannon Nagle said “she had ‘all sorts of
justifications’ for what she was doing and was ‘angry and in denial
which was a bad combo,'” the affidavit states.
“She felt unappreciated at work, wasn’t getting raises while other
employees were and felt that (Melinda) Nagle and (her business
partner) believed she wasn’t worth her salary,” according to Fain’s
affidavit.
Those rationalizations are never a reason to steal but businesses
need to understand that everyone rationalizes and opportunity is
the only part of the #fraudtriangle you can control.
The takeaway from this sad story is that trust but verify even if
they are a family member. I trust my sister with my life but
not every family is that lucky.
Editor’s Note: I have only known Kelly Paxton a short time and I trust her and find she is very knowledgeable and capable on the subject of embezzlement and fraud.
I Highly Recommend all contractors spend some time on her website Pink-Collar Crime and get to know her. Kelly is a valuable resource to all contractors. Please let her know Randal DeHart, The Contractors Accountant, recommended you.
About The Author:
Kelly Paxton has more than 13 years of law enforcement experience. Kelly is a Certified Fraud Examiner, Private Investigator and Social Media Intelligence Analyst.Access code: FEAHEROS
Simply scan the QR code below or search for ‘MyAccountants’ in the App Store and enter the Access code: FEAHEROS to utilize the powerful App features and capabilities, and benefit from having our Construction Accounting App at your fingertips, 24/7.
Access code: FEAHEROS
Or click to download the Contractors APP now from the App or Android store
Click here to download the App on iOS:
Click here to download the App on Android:
I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating the Podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast
This Is One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com
Thinking About Outsourcing Your Contractors Bookkeeping Services?
Click On The Link Below:
This guide will help you learn what to look for in outsourced construction accounting.
Need Help Now?
Call Sharie 206-361-3950
Thank you very much, and I hope you understand we do care about
you and all contractors regardless of whether or not you ever hire
our services.
Bye for now until our next episode here on the Contractors Success
MAP Podcast.
#1 EZ Step Interview inside QuickBooks Setup
#2 Asked Their Tax Accountant To Setup QuickBooks
#3 They Attended A How To Setup QuickBooks Class Or Seminar
QuickBooks Set Up TemplatesSolopreneurQuickBooks Chart Of AccountsFree StuffQuickBooks Item Lists TemplatesConsulting
QuickBooks Set Up
Templates Solopreneur
QuickBooks Chart Of Accounts
Free
Stuff
QuickBooks Item Lists Templates
Consulting
Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Construction_Contractor_Embezzlement_Detective_-_Kelly_Paxton_Par