Do these people think that
A. This is right and
B. They won't get caught

We are all struggling to make ends meet these days. This is not the way to balance your personal budget or keep your office budget in check. Seems these folks and others are budgeting the way our government has been doing for years. Rob Peter to pay Paul and hope neither of them catch up to you. This approach never works

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I think that many of the crooks being caught today started "borrowing" from their escrow accounts when the business was booming.  When there is a lot of new business (and money) coming in, it is easier to hide the theft.  When the business slowed down, and the new money wasn't coming in fast enough, they started to get caught.

But, you are right.  It seems pretty obvious that this is not right, and there is always a paper trail that will get you caught (evenutally). With the sums of money usually involved in these cases, I'm always a little surprise that the underwriter didn't detect the shortage in the escrow account sooner.  Either I'm not understanding how they managed to fake their audits, or the underwriters aren't doing as good a job as they used to.

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I don't see where they mentioned the Underwriter, and I agree how did they get away with it from 2009. You would think they had a few audits during that time.

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