The Edmonton Police announced Tuesday that a suspect has been charged in connection to an extensive investigation into a local charity that was defrauded of more than $200,000 by one of its employees.
“On October 27, 2020, the Alberta Foster and Kinship Association (AFKA) reported to police that they discovered their accountant had been transferring funds from one of AFKA’s accounts into her personal accounts over the last ten months,” the Edmonton Police said in a statement.
The statement further addedbthat when a financial audit was taking place at AFKA, the employee, Brenda RABIE did not come in for her shift; this led to the organization discovering the fraudulent activity.
EPS’ investigations found the money was e-transferred into multiple accounts registered and controlled by RABIE, with a total loss amount of $209,000.00, the statement said, adding that the offences occurred between November 08, 2019 and October 26, 2020.
According to Edmonton Police, on October 7, 2021, Brenda RABIE (43), was charged with Theft Over $5000 and Fraud Over $5000.
“AFKA has been fully cooperative throughout this investigation, and we truly feel for them, as that’s the last thing you ever want to discover about an employee,” Constable Shawn Joseph expressed.
Constable Joseph further added “We suggest organizations segregate their accounting functions and use a system of checks and balances to ensure no one person has control over multiple significant parts of a financial transaction. A piece of that includes technology; install computer security measures and understand these computer systems and software, and how they might be used to divert money or inventory. Restrict access to computer terminals and records, periodically change entry codes, and check regularly to ensure that security procedures are in effect.”