A former controller for Cincinnati-based G&J Pepsi-Cola Bottlers, Inc., pleaded guilty to wire fraud and the embezzlement of $8.7 million from his employer, Cincinnati Business Courier reports. He fled in 2009 and had been living along the Appalachian Trail for the past six years.

This occurrence, an employee stealing from his or her employer, can happen within a company of any size. Employers need ensure that one employee does not have too much authority and that adequate oversight exists over the resources for which each employee is responsible.