The Providence news. (Providence [R.I.]) 1891-1906, 1895-10-22

cepted the risk that the accounts tampered
with would not be considered overdue, and
whenspoken to he formulated good excuse for
the non. receipt Of debt In fact, he went so far
as 20 abstract letters written to cutomers
whose accounts he had tampered with.
In tampering with accounts he at length
got to the end OF his tether and took some OF
the firms cash out OF the cash drawer, and
on TIE da- his cash was to be counted by the
auditor. to make IL up he paid in some cash
of his own and borrowed the remainder from
friends on his Us.
The cash SO procured was prepaid on the
same or following day, the auditor reporting
that everything was all right This practice
was continued until the auditor came at an
unexpected moment. and discovering short
age in cash. an investigation was Immediately
instituted.
This resulted In the exposure Of the scheme,
which left deficiency of si7, 200 20 be met by
the firm. as. at the commencement of the in
yestigation, the guilty man left for parts un-
known
Another cashier Of firm in New y ork city,
where large number OF payments for adver-
tising were made monthly. covered up his
cash stealings in the following manner;
The advertising receipts were small in size,
and were fastened tightly together. The
auditors clerk checked the detailed receipts
with a summary pinned on the front OF the
batch. The auditor very energetically can
celled this summary, and ticked with col
ored pencil this various small-sized receipts
Just as delicate,y as one would tick ledger
posting.
The willy and ingenious cashier noticed this
method of ticking. and as a consequence most
Of the receipts were again produced at vari'
ousltimes in the succeeding year, as the dates
suited. The number of the year was covered
by an accidental blot over the last figure, or
was in some way or another defaced to
AVOID TEE PROPER YEAR
appearing on the receipt and the little colored
tick was carefully rubbed off.
AS a rule. although the methods adopted by
some cashiers are ingenious. the modes OF
pilfering cash and falsifying accounts are
clumsy. The most simple and common way Is
for a cashier. when certain debts are col
lected to debit himself with part of the
collection only.
In order TO avoid detection he applies the
moneys most recently obtained TO squsrne
his cash account, so far as his distractions
out of the earlier payments go, and OF course
he does not debit himself with these recent
payments on the day they are received but
he does so a few days later, when he makes a
further abstraction TO enable him to debit
himself with previous receipts in the proper
order.
This is one of the clumsy ways, and the
plan can only succeed.for a heightened period
| when the cashier and bovkkeeper are one
| person. Even then, IL the accounts are sent
| out direct from the Office and not delivered
by the collector. the scheme would fail.
A method of falsifying accounts was de
| tected short while ago in a shipping com
| pany's Office. and was in the payment oil
wages.
This was done by the cashier, who kept a
! current wages fund, which was increased
each week by drawing round sum from the
bank account of wages, which sum was
always in excess of that actually needed foi
that purpose. An increasing balance OF cash
was. therefore, always on hand. but. Of course
this money was not always available, because
| Of the constant abstractions Of the cashier.
Only last autumn case occurred in a lead
| ing house in Philadelphia, where the cashier
who paid out the wages, drew for three
fictitious names each week the sums OF s22, 50
and s24. which sums he appropriated to hi
| own use
This was kept up for IS months, when
system was inaugurated, whereby the fore
man Of each department had TO
SIGN THE WAGES LIST
before the money was drawn. Again tn
cashier kept up his fraud by entering tn
throe names to the list after IL had beef
signed by the foreman. and Immediately abov
the signatures Of the foreman.
How was the stealing eventually discov
cred : An auditor was called In and sue
gested an alteration In the mode OF paymen
Of wages. On Saturday just before the smsl
parcel Of wages had to be dolod out the pre-
prietor OF the ssie house deputed tho cashie
10 do some other work. and installed
strange man TO call out the names OF th
workmon and pay on. the smnll package'
after which there remained three amount
unclaimed. The scheme was, CO course. there
upon exploded, and the cashier arrested.
shortage OF $500 was discovered.
Il N..y sorL ,n.xrhantts CON ddantial clerl