> I wonder if the problem is with impersonating C-level executives or if the problem is that they have power to just send money. Yeah, I guess I'm surprised th

> I wonder if the problem is with impersonating C-level executives or if the problem is that they have power to just send money. Yeah, I guess I'm surprised that executives are allowed to do this without a "second opinion", so to speak. In my (thankfully) long-ago days as a manager, I had a petty cash fund (used for stuff like office supplies and coffee filters and such). I'd spend that as I saw fit, and just send in my receipts once in a while (usually only when the petty cash box got low). No one got too worried about that. Above that, I could make medium-sized purchases without approval, but I had to send in the paperwork immediately, along with a justification of why I'd spent the money. Anything above that required approval at a higher level. At the very least, it seems like both the CEO and the CFO should have to sign off on any money transfers of a potentially company-bankrupting size. Maybe even add the CTO (or some other executive), just to have a third watchdog on the case.