March 25, 2020

UPDATED: Court Closures

Download a list of court closures related to the COVID-19 response. (Last updated March 25, 2020)

March 23, 2020

ALERT: Business Continuity

In light of the “Stay at Home” order announced Sunday March 22, 2020 by Ohio Governor Mike DeWine, CIC would like you to understand our approach to business continuity and on-going customer services.

Beginning, Tuesday March 24, 2020, CIC staff will be working remotely. Our office location will be closed, however we will maintain business continuity and on-going customer services during normal business hours. Our convenient, fully-automated background screening system is available around the clock, and every order you place is monitored by our team of professional screening specialists for quality control, to ensure you get the most accurate information as quickly as possible.

Note: there will be delays in getting criminal records searches completed because of court closures (see below.) Education and Employment Verifications are similarly affected. If you have questions or concerns, please call 419.874.2201.

March 17, 2020

ALERT: COVID-19 Impact and Response

Corporate Intelligence Consultants is committed to maintaining a safe and healthy workplace for our employees and helping our customers to do the same. As such, we are closely monitoring the ongoing COVID-19 coronavirus outbreak according to the guidelines and recommendations of the CDC (Centers for Disease Control and Prevention). We want to share with you the actions we are taking to help protect our employees and customers.

We advised our employees to follow the public health authorities' guidance regarding hygiene and personal travel, and we reinforced employees who exhibit flu-like symptoms to stay home and consult with a medical professional. We limited business travel and encouraged employees to leverage technology to maintain business duties as we can.

We have measures in place so that we can complete business needs and will keep you updated on our Action Plan. If needed, we will have staff working from home to maintain our level of service.

We have been seeing some closures in various court systems which affect our ability to research criminal records. In addition, with schools closings in certain areas, we are seeing delays in education verifications. This is a fluid situation and we will continue to monitor these areas and update you as information becomes available.

We appreciate the trust that you place in Corporate Intelligence Consultants. We are prepared to take actions necessary to help keep our employees and customers safe while providing the products and services you need to run your business. For further information please contact our office. 419.874.2201

Our Expertise ... Your Peace of Mind. 419.874.2201

Blog & News

CIC offers news and updates to employers about the latest laws, trends and risks related to hiring, fraud, and drugs or violence in the workplace.

Case Study: Embezzlement

The following is a true story; the vagueness of the story is done to protect the identity of our client and the people involved in the situation.

We received a call from our client about a potential problem in their company. I met with the President of the company to discuss what he perceived the symptoms of the problem to be.

The outside accountant attended this meeting and laid out some unusual transactions that involved the company’s CFO. Based on the volume of the unusual transactions over a year and a half, we discussed what might be done from an investigative point of view to determine if something illegal was ongoing. The investigative plan that was approved by the company President and blessed by counsel was to include:

  • Civil and criminal profile of the CFO
  • Continue accounting documentation
  • Look for lifestyle indicators
  • Prepare to interview CFO
  • Interview CFO and obtain sworn statement
  • Assess potential for recovery
  • Assist with potential termination

When the time came to interview the CFO, we could document about $100,000.00 in expense transactions that were questionable. After some discussion with the CFO he finally admitted that he had been using company money for his own personal gain. When he assisted me in writing his sworn statement he thought that he had perhaps taken as much as $40,000.00 and admitted to me in his statement that he knew what he had done was wrong and wanted to repay the company the money he had embezzled. He initially said that he thought he could make a payment to the company of about $24,000.00 and would have to make payments to pay back the remainder.

The accounting documentation continued for several weeks following the method of operation that had been discovered and admitted to in the sworn statement by the former CFO. When the final tally was made, the total loss was about $300,000.00. There was a total of over 150 transactions in individual checks that were created to embezzle money from the company. This information was turned over to the Prosecutor.

The former CFO plead guilty to numerous charges related to the embezzlement and also the related IRS problems associated with failing to report that income. He was sentenced to more than two years in prison, ordered to pay more than $350,000.00 restitution, and almost $70,000.00 in taxes!

The company President and owner was emotionally devastated that a person that was so closely held and trusted would do this to him and his family. He said, “It’s a shame to think how that money might have been used by the company if it had the money to invest in growth.”

Steve Cotner is President of Corporate Intelligence Consultants. For more information about this case study, investigating Financial Fraud, or general Investigative Services, please contact Steve at 1.800.573.2201 / 419.874.2201.

Our Expertise ... Your Peace of Mind.

Do you have an urgent issue to discuss with an Investigator? Please contact us by phone at 1.800.573.2201.