Man convicted of embezzling gives presentation on employee fraud

By  | 

EAU CLAIRE, Wis. (WEAU) -- Community members learned "Lessons from an $8 million Fraud."

The presentation took place at UW-Eau Claire and featured Nathan Mueller of Minneapolis.

Mueller, a licensed CPA, was caught embezzling nearly $8.5 million from his employer, and he was sentenced to more than five years in federal prison.

He worked for seven years for the financial service giant ING.

Mueller shared his story about how he went from being a trusted employee to an embezzler.

He offered advice to businesses on how to detect employee fraud.

He said fraud is everywhere, no matter how big or small the company is.

"People gain trust in positions and if they don't have the proper control necessary or proper environment at work, if they don't feel like part of a team, they might be more apt to do something unethical and maybe illegal so I think the possibility is everywhere," said Mueller.

Following Mueller's presentation, a panel of business professionals discussed fraud, ethics awareness, and education programs in their organizations.



 
The comment sections of our web set are designed for thoughtful, intelligent conversation and debate. We want to hear from the viewers but we are not obligated to post comments we feel inappropriate or violate our guidelines. Here are some of the criteria you should follow when posting comments:

Comments cannot be profane or vulgar. Children and families visit this site. We will delete comments that use profanity or cross the lines of good taste.

We will delete all comments using hate speech. Slurs, stereotypes and violent talk aren’t welcome on our web site.

Comments should not attack other readers personally.

We will delete comments we deem offensive, in bad taste, or out of bounds. We are not obligated to post comments that are rude or insensitive.

We do not edit user-submitted comments.

As a host WEAU 13 News welcomes a wide spectrum of opinions. However, we have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason WEAU 13 News reserves the right to not post or to remove any comment.
powered by Disqus