$90K in Personal Expenses on Company Credit Card

by Erin McCune on September 26, 2007

in Treasury & Cash Management

How effective is your purchase card audit process?
Hopefully stronger than this company's:

The travel manager of a Silicon
Valley high-tech firm was charged with wire fraud today in federal
court for allegedly charging $90,000 in personal expenses to a
corporate credit card, including private-school tuition for her son.

Read more:

Silicon Valley boss accused of expensing son's tuition
Henry K. Lee
Chronicle Staff Writer
Tuesday, September 25, 2007

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