How Charities Can Avoid Theft

By Anne W. Howard

NEW BOOKS

Preventing Fraud in Nonprofit Organizations, by Edward J. McMillan, suggests how charities can safeguard themselves against embezzlement. Mr. McMillan, an accountant and fraud examiner, identifies some of the most common schemes of embezzlers, including stealing checks through phony companies, setting up nonexistent "ghost" vendors or employees, and diverting postage funds. The author describes how charities may be susceptible, and