The Keadle Lumber case details show us that fraud by employees can cost your company millions of dollars. Bogus land purchases and more allowed Mr. Garrard to fool his employer. Find out how Keadle Lumber was duped.
Procurement fraud and theft in the forest industry occurs more than one would think. Trusted team members such as the case with Keadle Lumber promised to do one thing, yet did another. Learn more about this epic theft.
Thwart timber theft. Cooperation between foresters, neighbors, the local media and the local police are the best way to prevent timber theft. Read 3 news stories about how vigilance helped capture and prevent theft.
In companies, the person who handles the books becomes the most trusted member of the team. The security of assets must centers on checks and balances to ensure one person doesn’t control all aspects of the payment process.
East Texas is known for the pine trees which forest it. The vast quantity of trees has led to the opportunity for theft. Learn from 3 examples how thieves take advantage of timber owners so you can prevent your own losses.
Wood procurement foresters can be placed in a number of situations where their core ethics may be challenged by circumstances, management and customers. What would you do in this case study?