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One of the most famous fraud cases involving a nonprofit took place in California, where employees of Goodwill Industries stole merchandise from the organization and
One of the most famous fraud cases involving a nonprofit took place in California, where employees of Goodwill Industries stole merchandise from the organization and sold it. Over more than twenty years, the employees stole more than $25 million in merchandise. The chief executive of the Goodwill branch was involved in the thefts and had opened bank accounts in Switzerland to hide the stolen money. What internal control policies would have prevented such fraud?
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