Word: pinkertons
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Dates: during 1990-1999
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Marita Juse, 48, of Burbank, Calif., will be sentenced later this month for embezzling more than $1 million from Pinkerton's, the oldest and second largest U.S. security firm. A fugitive on tax-fraud charges, Juse used an alias when Pinkerton's accounting division hired her. Obtaining computer codes, she made wire transfers of cash from the company's bank account. Juse faces up to 30 years in prison. Meanwhile, Pinkerton's, the company that once stalked Jesse James, Butch Cassidy and the Sundance Kid, is pitching a job- applicant screening service to its clients, which include half the Fortune...
...Nuys, Calif.-based Pinkerton's (1991 revenues: $640 million) has also suffered from turnover and service problems following a leveraged merger four years ago with a firm called California Plant Protection (CPP). Mark Savage, a former award-winning Pinkerton's manager, says he quit the company in 1990 in part because its management "was cutting corners and pushing people to their limits." In terms of clients, he adds, "companies like Burns and Pinkerton's always take for granted that they will lose business and that if they sell more than they lose, they're still growing. They...
...came out really flat," Pinkerton said. "They were on our side for the entire first half...
...second half was a lot more even," said Pinkerton...
...They were on our side for the entire first half.' --Andrew Pinkerton...