Accountant embezzles $1.8 million from Suzuki America...

ML512
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ML512
Edited Date/Time 10/4/2019 2:02pm
Well...that’s no bueno...

https://www.ocregister.com/2019/10/03/yorba-linda-accountant-arrested-o…


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davis224
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davis224 10/4/2019 12:39pm
10/4/2019 12:39pm
Well that should free up some money for JGR!
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Brent
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Brent 10/4/2019 12:50pm
10/4/2019 12:50pm
Sloppy management at Suzuki? No Shit?

Thanks Captain Obvious...
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Brad460
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Brad460 10/4/2019 1:23pm
10/4/2019 1:23pm Edited Date/Time 10/4/2019 1:26pm
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people.

He set up a trucking company in his wife’s madden name and then leased the semi’s to the company...wrote the lucrative contract and then signed it himself. He would order equipment for the shop and then have it shipped to his house (CNC, Bridgeport, washer, dryer) Took ATVs and motorcycles home and never brought them back. When product ( pre-prod and production ) were to be destroyed he would fake photos to show they were destroyed and sell the product to a friend who would resell...both pocketed the money. He would fill his vehicles up at the companies on-site gas pump...I could go on and on...
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byke
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byke 10/4/2019 1:41pm
10/4/2019 1:41pm
I'd have ratted that fucker out way before the list could get that long!
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500guy
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500guy 10/4/2019 1:45pm
10/4/2019 1:45pm
Interesting what will happen to her, seems to me like steeling money in America is no big deal.

Read a story about a Gal that stole 900K from a charity, She got 1 year , how many would sit in jail for a year for 900K?
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kkawboy14
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kkawboy14 10/4/2019 1:46pm
10/4/2019 1:46pm
Brad460 wrote:
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people...
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people.

He set up a trucking company in his wife’s madden name and then leased the semi’s to the company...wrote the lucrative contract and then signed it himself. He would order equipment for the shop and then have it shipped to his house (CNC, Bridgeport, washer, dryer) Took ATVs and motorcycles home and never brought them back. When product ( pre-prod and production ) were to be destroyed he would fake photos to show they were destroyed and sell the product to a friend who would resell...both pocketed the money. He would fill his vehicles up at the companies on-site gas pump...I could go on and on...
It’s a shame you didn’t report him!
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peelout
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peelout 10/4/2019 1:49pm
10/4/2019 1:49pm
Brent wrote:
Sloppy management at Suzuki? No Shit?

Thanks Captain Obvious...
they're more worried about a fraction of a horse power than a measly couple million dollars bro
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Brad460
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Brad460 10/4/2019 1:54pm
10/4/2019 1:54pm Edited Date/Time 10/4/2019 1:57pm
Brad460 wrote:
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people...
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people.

He set up a trucking company in his wife’s madden name and then leased the semi’s to the company...wrote the lucrative contract and then signed it himself. He would order equipment for the shop and then have it shipped to his house (CNC, Bridgeport, washer, dryer) Took ATVs and motorcycles home and never brought them back. When product ( pre-prod and production ) were to be destroyed he would fake photos to show they were destroyed and sell the product to a friend who would resell...both pocketed the money. He would fill his vehicles up at the companies on-site gas pump...I could go on and on...
kkawboy14 wrote:
It’s a shame you didn’t report him!
We did many many times...that’s where the “Japanese are trusting” thing comes in. They took his word none of that above was happening..he was good friends was the higher ups at the company. He “came up” through the company with those who were now in charge..
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life_of_jaze
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life_of_jaze 10/4/2019 2:02pm
10/4/2019 2:02pm
ML512 wrote:
Well...that’s no bueno... https://www.ocregister.com/2019/10/03/yorba-linda-accountant-arrested-on-suspicion-of-embezzling-1-8-million-from-suzuki-of-america-in-brea/ [img]https://p.vitalmx.com/photos/forums/2019/10/04/377729/s1200_0C2FA025_E92B_496F_B260_3C5BDFE00B2B.jpg[/img]
Well...that’s no bueno...

https://www.ocregister.com/2019/10/03/yorba-linda-accountant-arrested-o…


He just wanted to be able to buy a new bike too.
avidchimp
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avidchimp 10/4/2019 2:35pm
10/4/2019 2:35pm Edited Date/Time 10/4/2019 2:40pm
Now we know where Dungey's bonus money went. Laughing


I know, it was after he left, but still made me chuckle.
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bh84
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bh84 10/4/2019 2:58pm
10/4/2019 2:58pm
Good to see the judge has a sense of humor, bail set at 1.8M
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PastranaWho
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PastranaWho 10/4/2019 3:14pm
10/4/2019 3:14pm Edited Date/Time 10/4/2019 3:15pm
500guy wrote:
Interesting what will happen to her, seems to me like steeling money in America is no big deal. Read a story about a Gal that stole...
Interesting what will happen to her, seems to me like steeling money in America is no big deal.

Read a story about a Gal that stole 900K from a charity, She got 1 year , how many would sit in jail for a year for 900K?
civil lawsuit she would have to pay most of that money back or/and asset seizure.
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RMT
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RMT 10/4/2019 3:16pm
10/4/2019 3:16pm
Brad460 wrote:
We did many many times...that’s where the “Japanese are trusting” thing comes in. They took his word none of that above was happening..he was good friends...
We did many many times...that’s where the “Japanese are trusting” thing comes in. They took his word none of that above was happening..he was good friends was the higher ups at the company. He “came up” through the company with those who were now in charge..
That's weird because they rotate Japanese managers in and out every 3-5 years.
Kyle978
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Kyle978 10/4/2019 3:18pm
10/4/2019 3:18pm Edited Date/Time 10/4/2019 3:37pm
I love Orange County.
wwdiii
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wwdiii 10/4/2019 3:35pm
10/4/2019 3:35pm
So that’s where the money for electric start went!!!!

I knew it all along.
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STLSharky
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STLSharky 10/4/2019 3:40pm
10/4/2019 3:40pm
ML512 wrote:
Well...that’s no bueno... https://www.ocregister.com/2019/10/03/yorba-linda-accountant-arrested-on-suspicion-of-embezzling-1-8-million-from-suzuki-of-america-in-brea/ [img]https://p.vitalmx.com/photos/forums/2019/10/04/377729/s1200_0C2FA025_E92B_496F_B260_3C5BDFE00B2B.jpg[/img]
Well...that’s no bueno...

https://www.ocregister.com/2019/10/03/yorba-linda-accountant-arrested-o…


STATES AUTO MOBILE MANUFACTURER

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yz25
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yz25 10/4/2019 3:51pm
10/4/2019 3:51pm
Brad460 wrote:
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people...
Fairly common...I spent 8 years working for one of the Japanese big four (not Suzuki). My boss was stealing money for many years...Japanese are trusting people.

He set up a trucking company in his wife’s madden name and then leased the semi’s to the company...wrote the lucrative contract and then signed it himself. He would order equipment for the shop and then have it shipped to his house (CNC, Bridgeport, washer, dryer) Took ATVs and motorcycles home and never brought them back. When product ( pre-prod and production ) were to be destroyed he would fake photos to show they were destroyed and sell the product to a friend who would resell...both pocketed the money. He would fill his vehicles up at the companies on-site gas pump...I could go on and on...
Wow. Completely different opinion I have working for the Japanese. Not in the motorcycle industry. As part of a start company they grew to become a major player. Several sales, managers etc had well over 10-15years. Very little turn over. Outlasted all the wash and rinse through the equity firms when we were out growing our original owners pocket books . Still manage to grow and increase margins. Was sold to an extremely large Japanese company. The lack of respect and the way the treat hard working, loyal people was simply amazing. The reaction time to get anything done, was one of the most painful process I had experienced in an field that I have represented for nearly 20yrs. Needles to say, turnover in the last 18 months is higher than we had seen in 10years. As for sales, 2019 is a complete lost. A $1.4billion purchase has become very costly for this company.
Sorry for rant.
Carry on.
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Brad460
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Brad460 10/4/2019 6:03pm
10/4/2019 6:03pm
Brad460 wrote:
We did many many times...that’s where the “Japanese are trusting” thing comes in. They took his word none of that above was happening..he was good friends...
We did many many times...that’s where the “Japanese are trusting” thing comes in. They took his word none of that above was happening..he was good friends was the higher ups at the company. He “came up” through the company with those who were now in charge..
RMT wrote:
That's weird because they rotate Japanese managers in and out every 3-5 years.
When I was there they did 5 yr rotations...but I am talking guys who where there 30+ years, they typically settled into more stable management roles. He was close friends with the USA Division president (we hung out at his lake house).

My boss’s bonus was based on how well he kept the budget in line- one evening we found him pumping out a holding tank (shop run off, including gas, coolant and oil) into the woods to save on the cost to have it pumped..

I could go on and on with these kind of stories...I am more surprised they caught this lady...
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