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Dealership Employee Steals $519,542 in 16 Months

March 28, 2018 0 Comments

For today’s story, a former employee stole over $500,000 from the dealership where she was working, in a span of less than two years.

According to a SCTimes report, Catherine Madonna Murray, 42, has pleaded guilty to stealing from McKay’s Family Dodge Chrysler Jeep Ram out of Waite Park, Minnesota. Per the report, Murrary wrote checks to herself and then created a falsified record in another account as a way of covering her tracks. An independent dealership audit found that between September of 2014 and December of 2015 Murray managed to steal $519,542 from the store. Murrary’s reported official story is that she gave the cash to someone else to pay the IRS.

These types of stories surface a few times a month in which a dealership office employee steals thousands from a store. Dealers can’t predict whether or not someone will betray their trust, however DealersEdge made of a list of steps dealers can take in an effort to guard against theft including :

  1. Frequent Review of Daily Deposit Slips Verses Bank Statements
  2. Periodically Inspecting pre-numbered Checkbooks For Missing Checks
  3. Conduct independent financial and Inventory audits at least once a year

About the Author:

Dave Martinson is a broadcast journalist for DrivingSalesNews. He has a background as a TV News Reporter, Anchor and Producer. He has also worked in Digital Marketing and Human Resources. He received his bachelor’s degree in Communication from Brigham Young University – Idaho. He’s married and originally from the state of Washington. He’s a huge football fan and enjoys the outdoors.