With proper controls, a petty cash fund is a valuable tool that keeps business rolling without the cumbersome task of writing a check each time small amounts of money are needed. Day-to-day ...

State investigators say millions went missing from two narcotics funds controlled by former Hialeah Police Chief Sergio ...

Petty cash funds are typically less than $500, but in no case can it exceed $5,000 issued to a single custodian. The actual authorized amount is determined by operational needs. Any speedtype can have ...

A former Hialeah Police chief arrested on grand theft and fraud charges deposited over $2 million in cash into bank accounts during his tenure and spent lavishly on everything from Rolex watches to a ...

When FDLE investigators checked the Hialeah Police Department's requests for "petty cash" funds against the expenses filed by the narcotics unit over an 11-month period in 2020 and 2021 ...

The Waterbury woman has pleaded guilty to taking the money using multiple fraud schemes involving three of her previous ...

During one period from Dec. 21, 2020 to Nov. 30, 2021, 9 petty cash checks totaling $352,000 were issued and cashed to fund police investigations, but $307,000 of that amount went unaccounted for.

Federal officials said she has been released on a $25,000 bond ahead of her sentencing, which was scheduled for Sept. 10.

Sergio Velazquez, who served as chief from 2012 until his suspension in 2021, is charged with structuring, grand theft and an organized scheme to defraud.

Arrested for allegedly stealing hundreds of thousands of dollars in public funds, former Hialeah Police Chief Sergio ...