The BMW Addiction That Completely Destroyed This Man’s Life (via Jalopnik)

[TrustRobin]

Originally Posted by Eau_Rouge111

My Z4M Coupe....bought it...parked it in the drive way...my live in gf asks who's it is...I'm like...mine!

My Gf is on her 4th X3
Only silly thing im doing is : lowering, spacing, spoiler and Dinan....Oh well...

[wdb]

I read the article, then this thread. I am trying to decide whether to be disturbed or amused by the number of folks grumbling about not knowing the outcome of the BMW booty. Probably gonna go with "both".

[myzmak]

Originally Posted by F32Fleet

Think the guy kept an extra set of books?

Always.

There is always a second set of books somewhere.

Think of it this way: there has to be some way to make the fake numbers add up and balance - you have to know what the real numbers are to be able to do this.

[josec70]

Originally Posted by noro

I have a reverse story, I got divorced and now I am collecting BMWs.

LMFAO

[wdb]

Originally Posted by (((myzmak)))

Always.

There is always a second set of books somewhere.

Think of it this way: there has to be some way to make the fake numbers add up and balance - you have to know what the real numbers are to be able to do this.

Not necessarily so. It depends on how many people are even looking at the numbers. In this case it sounds like the answer is "one (formerly) trustworthy employee".

[myzmak]

Originally Posted by wdb

Not necessarily so. It depends on how many people are even looking at the numbers. In this case it sounds like the answer is "one (formerly) trustworthy employee".

there is always something.

one has to come up with interim internal financials, year end numbers and tax returns. accounts have to balance. debits must set off against credits.

there is always some way that the crook has kept track of this so that it can all be explained at the appropriate time and the accounts will balance.

even if those he works with trust him, there is an external bookkeeper or accountant, the bankers, the tax authorities, etc. someone will at least do a cursory look at the books and the crook needs some sorta explanation handy.

[RickFLM4]

It sounds like all he did was pay himself extra payroll checks. So payroll would be inflated but would only be caught by someone who knew what payroll should be - such as the owner who should know how much periodic / monthly / annual payroll should run him. Doesn't sound like it was anything fancier than that. Sounds like owner just didn't look closely at numbers and never suspected this guy until something made him look at QuickBooks while the guy was on vacation.

[brads2002]

The August West of BMW's?

Originally Posted by StealYourFace

No different that compulsive gambling stories you read about where people steal to support their habit, combined with a hoarders mentality.