tag:blogger.com,1999:blog-37877540.post1798975183320588380..comments2024-01-18T05:45:59.595-05:00Comments on The Daily Bellwether: Downtown Cincinnati CPA Firm Targeted by McCluskey Chevrolet: GM Dealer Claims Accountants Didn't Uncover $6 Million ScamAnonymoushttp://www.blogger.com/profile/12712163977315292252noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-37877540.post-60978137822523479992015-04-01T23:05:32.032-04:002015-04-01T23:05:32.032-04:00If Keith "the thief" was really a thief ...If Keith "the thief" was really a thief then why would he have donated close to a million dollars to various charities and local schools? Dont you think if he was really a thief that he would keep that money and buy exotic cars, fancy clothes, jewelry? A thief would but not Mr. McCluskey he is one of the most conservative men that I have ever met. And that 6 million wasnt stolen over a year not even 10, for almost 12 years that lady was adding small amounts ($100-300) to a group of employees (6 known) and over time that added up to $6 million. So please dont bash a caring family man like Keith "The Cheif" McCluskeyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37877540.post-34781124301345170552012-05-03T09:20:32.555-04:002012-05-03T09:20:32.555-04:00I think it is easy to notice that it is scam in th...I think it is easy to notice that it is scam in the big amount of money you should always ask.I agree on cpaoutsourcing comment.Because of the fact that double entry bookkeeping includes double effect in financial transaction.Henna Karpelahttp://tilitoimisto.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-37877540.post-83874686688719911432012-04-06T10:11:06.532-04:002012-04-06T10:11:06.532-04:00If what you say about double entry accounting is c...If what you say about double entry accounting is correct, how could this have happened?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37877540.post-34706155396310087762012-03-29T21:02:32.776-04:002012-03-29T21:02:32.776-04:00I couldn't agree more. There were most definat...I couldn't agree more. There were most definately many more hands in this crime.<br /><br />1.) Why hasn't Keith The Theif fired his CFO, Gina Owens? Isn't it her job to ensure that crimes like this don't happen? Wouldn't you think that alllowing $6 MILLION to be stolen would be grounds for termination. <br /> <br />2.) With number 1 in mind, has anyone considered that the payroll clerk might be innocent? Possibly the the CFO could be the real criminal?<br /><br />2.) How EXACTLY could $6 Million have walked away from that place? Typically, crimes of this nature only net $100K over the space of a few years. $6 Million is about 60 TIMES that magnitude.<br /><br />With my experience dealing with this place, it is very obvious to me that something is just not adding up.<br />I'm a former employee of the Keith The Theif McCluskey. I can tell you that he watches every dime. He has the money in that place accounted for down to the penny. In fact, he is so money conscious, he regularly takes money AWAY from his employees..because he can, for any reason that he can.<br /><br />Up until 6 months ago, he charged his sales force weekly for "computer useage" and "uniforms." Salesmen are not provided uniforms. After the episode with the payroll clerk, he suddenly refunded the money he stole from these employees up to the beginning of 2011. That is all well and good, but what about people working there like Ken frakes who has paid those fees for TEN YEARS!!!???? Keith The Theif doesn't care. He paid the minimum he felt he could get away with.<br /><br />He is self insured. I saw Keith The Theif take $2,000 from several of his salesmen for a minor fender benders, and call it a "deductible." FYI-His "deductibles" vary per person, per position.<br /><br />He regularly takes money out of his service advisor's pay-which by the way is illegal-for very minor "infractions" such as cutting spare keys for his new car customers, when his salesmen lose them.<br /><br />He tells his salesmen to price the cars based on the maximum amount of money he can draw from whichever finance company the customer is approved at-PLUS whatever down payment they have. For instance, if a "special finance" customer can draw $10,000 from a special finance bank, and has $1,000 down-the price of the car is $11,000. If another customer can draw $12,000 from a bank and has $2,000 down-CONGRATULATIONS...he gets to pay $14,000.<br /><br />Honestly, the so called "company culture" in that place is one of dishonesty and theivery; the laws don't need to be obyed so long as you dont get caught breaking them. <br /><br />Whomever "stole" $6 Million learned everything they know about theivery from The Master Theif himself: Keith The Theif McCluskey.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37877540.post-18711309901424101372012-01-30T12:13:20.727-05:002012-01-30T12:13:20.727-05:00You beat the Enquirer and the Business Courier aga...You beat the Enquirer and the Business Courier again. BizCourier was about three weeks behind you last time. They try. Nothing in the Enquirer. They don't try unless it is a scandal about a Republican or a Democrat, which they blow out of proportion for Yellow Journalism.County Workernoreply@blogger.comtag:blogger.com,1999:blog-37877540.post-38184951532620060172012-01-30T11:54:56.677-05:002012-01-30T11:54:56.677-05:00Dealerships typically have management meetings onc...Dealerships typically have management meetings once per week which include the sales, body shop, and service department heads. These meetings are profit driven meetings where up to date financial reports are distributed to the department heads. These department heads are paid rather handsomely from a percentage of the profits made from their individual department. How could this alleged fraudulent activity get by all these individuals? The dollar figure is too large. Did the alleged embezzler have some assistance? This alleged fraudulent payroll cost would have to be applied against at least one of the departments, and even if spread across all the departments, it is too large of a dollar number to go unnoticed. At other dealerships, the department heads are known to fight for any penny of overcharge against their departments. If not applied against the departments, the figures will not balance at the end of month or year. Appears many people have some serious answers to provide, not just the CPA firm. Wyler's dealership completely dropped the ball on this one.Anonymousnoreply@blogger.com