Today's trip into the Catosphere took Panzer to the Publishers Weekly site. With a little digging around in the posts our intrepid kitty reporter found a post about the Donadio and Olson literary agency bookkeeper scandal.
 |
| He did it for seven years? |
According to Rachel Deahl, the Donadio and Olson literary agency's bookkeeper was just convicted of embezzling from the agency and it's authors. Darrin Webb, the bookkeeper, pleaded guilty to embezzling $3.3 million over seven years. The bookkeeper did this by altering authors' royalty statements and not sending checks based on those statements or altering the statements to show lesser amounts owed and then sending checks for the lesser amount or by not sending royalty statements or checks at all. Apparently, the bookkeeper was able to do this because no one was checking his work. A lawyer is now involved on behave on some of the authors to try to determine what the authors' options are. Included in the post are some things authors who use literary agencies can do to protect themselves from fraud.
Panzer says, "This little kitty would never trust anyone else to be in charge of his finances."
Note: This is a h-u-m-o-n-g-o-u-s length post. Bring a thermos of tea and a dozen muffins for today's reading selection.
To read the post tootle over to
Donadio embezzlement
No comments:
Post a Comment