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Kelly Paxton is a Portland, OR CFE and PI specializing in embezzlement, forensic accounting, workplace investigations and backgrounds. Find out more about her and her investigative firm at financialcaseworks.com.
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Tag Archives: century of women
There was a fun news story out today about how people don’t take hurricanes with feminine names as seriously as hurricanes with masculine names. In the case of hurricanes those responses may have deadly consequences. In six decades there have been significantly more deaths from feminine named hurricanes as compared to masculine named hurricanes. Remember Hurricane Katrina or Hurricane Sandy??
Laboratory experiments indicate that this is because hurricane names lead to gender-based expectations about severity and this, in turn, guides respondents’ preparedness to take protective action. This finding indicates an unfortunate and unintended consequence of the gendered naming of hurricanes, with important implications for policymakers, media practitioners, and the general public concerning hurricane communication and preparedness. http://www.pnas.org/content/early/2014/05/29/1402786111.abstract
So what does this have to do with embezzlement and pink collar crime? Think of the business owner with the most trusted and well liked employee. Do the owners take seriously the possibility of Betsy robbing the company blind? How about trusting Betsy more than the sales manager who gets caught padding his expense report? Who is going to possibly do more damage? According to the ACFE men steal more but women are catching up. Victims of embezzlement have an incredibly difficult time getting over the emotional consequences of such an incredible breach of trust.
Each time I have responded to an embezzlement, the story pretty much goes the same. She was well liked, trusted and had “keys to the empire”. “She” would never do something like this. Why would “she” do this? We never expected “her” to do this.
Consider this a public service announcement from all of us who work embezzlement cases. Just like the National Weather Service we are trying to help you. Just because someone has a feminine name does not mean you should not take the risks seriously.
The iconic Harvard comedy club, The Lampoon, is now being run by two women. Eleanor Parker, and President Alexis Wilkinson. Women are making such inroads in all areas of life and now it includes The Lampoon. What does this mean for women? This change sends a signal that women are welcome in what have been traditionally a testosterone structure according to the story on the Today Show,
So what does this have to do with Pink Collar Crime? This is just another stepping stone for women in the workplace. And if you have been following this blog I think it is another step for women to reach even higher levels of success. When will there be a Bernice Madoff? As Freda Adler told me it is just a matter of time before we meet Bernice Madoff. Stay tuned for bigger embezzlements perpetrated by women who are in higher levels of trust and money just like women being in the higher levels of comedy.
The Today Show is having a segment with Maria Shriver about women and how they do it all. This is going to be an ongoing segment with Maria Shriver. I tweeted today about #doingitall and how it can lead to embezzlement. I don’t think Shriver or the Today Show are aware of Pink Collar Crime but I am here to educate. Shriver says she has always been fascinated by women and their stories. I think she would be really fascinated by Pink Collar Crime.
According to Shriver, more women are doing it all because they have to. Here is the link for the segment: http://on.today.com/1jjqEh0 The most recent report, A Woman’s Nation Pushes Back from the Brink, was written with a partnership of The Center for American Progress. Attached is the link: http://shriverreport.org/get-the-latest-published-shriver-report-free/
From the website:
The report is a groundbreaking investigation into the millions of women who are doing it all and barely scraping by, struggling to provide and parent in a nation that hasn’t kept pace with the modern realities of their lives. It combines research, analysis and ideas from the nation’s top academic institutions and think tanks, essays by leading thinkers, stories of real women struggling with our modern economy, and a comprehensive poll.
How this ties to Pink Collar Crime is that women are now in the positions that allow access to the money. Hearing the stories this morning, so many of the women talk about the economics of today and how hard it is to make ends meet for their families. While most of these hardworking mothers would never consider embezzlement there is more and more pressure on women to support their families.
Business owners, large and small, need to be aware of the trend of increased embezzlement by women. Embezzlement arrests for women increased in the 10 year period of 1994-2003 by over 40% while arrests for male embezzlers only increased 2%.
While a lot of people assume that women are more honest than men it simply is not proven. There are a lot of variables that contribute to this myth. Stay tuned for additional research and studies about why women steal.
On Thursday, January 9, 2014, I will be talking with PI’s Declassified Francie Koehler about our favorite topic-Pink Collar Criminals. The show starts at 9:00am Pacific time. I hope you can either hear it live or catch it later as a podcast. What a great way to start 2014. This year is going to be a breakout year for Pinkcollarcrime.com. Look forward to lots of blog postings, speaking engagements and a book!
The American Sociological Review recently published a study about women and fraud and not breaking the glass ceiling. I have been thinking a lot about that lately. I think many people are late to the game about women and fraud (except of course Freda Adler who saw this coming) . Apparently only 9% of the fraudsters in high level corporate conspiracies are women and they steal less. This is what I have been writing about since Pinkcollarcrime.com was started. “The glass ceiling effect for involvement in corporate corruption is likely as great or greater than the ceiling that keeps women from climbing the corporate ladder,” says lead author Darrell Steffensmeier, a professor of sociology and criminology at Pennsylvania State University.
I wonder what Sheryl Sandberg would say about this. After all she is the author of the best-selling book Lean In about women advancing in the workplace.