Anecdote of the Week

TAKING PROTECTIVE MEASURES
Credibility is an all important aspect of dealing with clients, and when we feel they are not credible, we tend to be a bit more suspicious of their statements and representations. We were investigating an appliance repair operation where the husband’s business was servicing a lot of the neighborhood homes (what got him in trouble was that he was servicing more than just the appliances). Everything that we did relevant to reviewing lifestyle strongly suggested there was unreported income. We questioned the husband about his business, and asked him whether he had any cash income (from our review of the bank records, we already knew no cash was deposited). He explained to us that he was concerned for his safety, and thus refused to accept cash. That perhaps would have been somewhat believable had the husband not been 6’4”, 250 lbs. – and servicing (as we said in more ways than one) an upper class clientele