- Report: #344873
Complaint Review: Eric McAlpine - Macomb Michigan
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Eric McAlpine
446466 Breckenridge Macomb, 48044 Michigan, U.S.A.
Phone:
586-2479273
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Eric McAlpine Embezzler Macomb Michigan
Eric McAlpine worked for our company as a book keeper at American Titleworks. He was never a signer of checks, never had authority to wire funds, never had authority to do anything but balance the books and keep track of all checks incoming and outgoing. That is what he was hired for as a subcontractor and his company Financial Innovations. This is what he managed to do to us.
He started working for us in 2001 as a book keeper. Through our investigations and over 2 years of lawsuits this guy was able to tangle family members, personal friends and business associates into his scam. So when I explain what he was able to do, if you have a business you need to check everything. With in months of us hiring him he managed to steal our corporate filing papers. He photo copied them and by using a little cut and paste he was able to put our company name on his company papers(Financial Innovations) and open a bank account at Lakeside Community Bank in Sterling Heights MI. This gave him the ability to deposit income checks on average of $16,000 monthly into this fake account. He then washed the money through several other business accounts he had. He even paid for one of his clients payroll taxes with this stolen money(DuValls Hair Salon in Utica). Over 5 years time he was able to steal over $800,000 from our company's general fund. And if that's not enough he managed to convert 14 escrow checks over 3 years totaling over $1,400,000. You might ask how didn't anyone recognize this missing money. Well that is a great question. Since we had 6 audits by our underwriters(First American Title one of them) and they found nothing. We had 2 CPA's checking the books and found nothing. You would assume that everything was OK. Far from the truth. This guy thought passing these audits as trophy's. He even bragged to his brother in law about his accomplishments. His wife who is a teacher stands by his side and defends his actions. Never asked how he could work 3 days a week and buy a 36 ft Rinker boat, a 30 foot motor home, a new Seadoo, Apartment building, Condo's(One of which he never rented but furnished and had a complete setup for himself as a getaway spot 15 minutes from his home) You have to wonder what that was really used for. This guy was living the life and his wife rides the wave with him but claims she knew nothing about it. I don't know about all marriages but I know my wife know about every penny we have and if I buy something she has questions.
Anyways we have been forced into several lawsuits defending ourselves over his theft. He continues to walk around to this day spending money on big vacations, big gifts to his family and living it large to this day. He started a new company called Financial Business Solutions and I could only imagine what scam he is doing or planning today.
Atw
Macomb, Michigan
U.S.A.
He started working for us in 2001 as a book keeper. Through our investigations and over 2 years of lawsuits this guy was able to tangle family members, personal friends and business associates into his scam. So when I explain what he was able to do, if you have a business you need to check everything. With in months of us hiring him he managed to steal our corporate filing papers. He photo copied them and by using a little cut and paste he was able to put our company name on his company papers(Financial Innovations) and open a bank account at Lakeside Community Bank in Sterling Heights MI. This gave him the ability to deposit income checks on average of $16,000 monthly into this fake account. He then washed the money through several other business accounts he had. He even paid for one of his clients payroll taxes with this stolen money(DuValls Hair Salon in Utica). Over 5 years time he was able to steal over $800,000 from our company's general fund. And if that's not enough he managed to convert 14 escrow checks over 3 years totaling over $1,400,000. You might ask how didn't anyone recognize this missing money. Well that is a great question. Since we had 6 audits by our underwriters(First American Title one of them) and they found nothing. We had 2 CPA's checking the books and found nothing. You would assume that everything was OK. Far from the truth. This guy thought passing these audits as trophy's. He even bragged to his brother in law about his accomplishments. His wife who is a teacher stands by his side and defends his actions. Never asked how he could work 3 days a week and buy a 36 ft Rinker boat, a 30 foot motor home, a new Seadoo, Apartment building, Condo's(One of which he never rented but furnished and had a complete setup for himself as a getaway spot 15 minutes from his home) You have to wonder what that was really used for. This guy was living the life and his wife rides the wave with him but claims she knew nothing about it. I don't know about all marriages but I know my wife know about every penny we have and if I buy something she has questions.
Anyways we have been forced into several lawsuits defending ourselves over his theft. He continues to walk around to this day spending money on big vacations, big gifts to his family and living it large to this day. He started a new company called Financial Business Solutions and I could only imagine what scam he is doing or planning today.
Atw
Macomb, Michigan
U.S.A.
2 Updates & Rebuttals
Noseywomen
Iron Mountain,Michigan,
U.S.A.
not suprised
#2Consumer Suggestion
Wed, November 12, 2008
just wanted to comment on this, when my mother first called me and told me about what this man had done we were not shocked. why? well on a daily basis my parents had to live by these people who were not friendly. very stuck on themseves and for him to be home all the time yet my parents would buy a new truck they bought that thing shes driving. my parents always wondered where they got the money, having there yard done by others and kids getting new things all the time, teachers salary didnt think so. its ashame that she stood by him not knowing ((ya right)) but now he kills himself and not only does his kids suffer more but these people who lose everything because of him now dont get anything back out of him... i pray for the families who were affected by this... god bless
Middleman
Clinton Township,Michigan,
U.S.A.
May you find happiness Eric
#3Consumer Comment
Wed, November 12, 2008
May you finally find happiness Eric in the afterlife. You were constantly searching and were unable to find what you needed. Eric McAlpine R.I.P. 11/11/2008
