Hello Christ IT Services Clients,
As Jason, owner of Christ IT Services, I wanted to share an important lesson from a recent news story that applies to all of us – whether you’re managing church funds, running a small business, or simply looking after your personal savings.
Alert: Protect Your Funds from Internal Risks
A recent court case revealed how a company’s Chief Financial Officer stole $35 million from his employer by secretly investing it in very risky projects. This led to massive financial losses for the company and cost many people their jobs.
To protect your church, small business, or even your personal finances from similar situations, make sure no single person has complete, unchecked control over all funds. Always require multiple approvals for large financial transactions and regularly review bank statements and financial reports to keep a close eye on where your money is.
If you are unsure if your financial systems or oversight are secure, or if you need help setting up better digital record-keeping or access controls for sensitive financial information, give Christ IT a call immediately. We can help.
Stay safe,
Jason
Owner, Christ IT Services
Your Trusted Local IT Support Partner
Security Alert from Christ IT Services. Original report: https://www.geekwire.com/2026/former-startup-cfo-gets-2-years-in-prison-for-wire-fraud-crypto-scheme-that-cost-company-35m/
