Former Controller Sentenced to 96 Months in Prison

A former controller for G&J Pepsi-Cola Bottlers, Inc. plead guilty to a wire fraud charge, and will serve 96 months in prison.  Fortunately for G&J, the individual also agreed to repay $7,700,000 of the alleged $8,700,000 in fraudulent losses. According to the FBI, the former controller created a separate, illegitimate

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The Upside to Enterprise Risk Management

Large manufacturing and distribution companies have been using enterprise risk management for many years. Only recently, however, have smaller manufacturers and distributors begun considering ERM to reap its many rewards. ERM involves identifying, assessing, quantifying and addressing all types of risks across the company – operational, human, financial, market and

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