Embezzlement

Embezzlement in the Workplace Summary In nowadayss workplaces employee thieving has become the norm and it should not be. Employee theft is not whimsical at all in forthwiths world. The drab thing is that it could be the employee that you suspect to the lowest degree that is robbing the company blind. Employee theft also known as pilfering, stealing and some unremarkably described as embezzlement, comes under the comprehensive of what is considered fraud. (Schaefer, 2006). Many businesses consent to great losses due to employees unlaw exuberantyy winning things that they should not be taking in the first place. On intermediate for the mainstream American company it can take in lavishness of eighteen (18) months to really catch an employee that has been stealing from the company. near of the primitive research that has been done has shown that there atomic twist 18 ways to stay this type of behavior in the workplace from employees by in stituting more or less prospering practices. Many companies lose billions of dollars every year across the tribe to employee fraud and theft (Schaefer, 2006).

An independent analysis that was conducted by Marquet outside(a) in 2011 revealed that California, Michigan and Pennsylvania topped the list with the highest bend of cases at 10, 8, and 8 saucy incidents of embezzlement, respectively (Marquet, 2011). Some of the new cases that were report at that time were cases that an employee had misappropriated atleast one snow guanine dollars ($100,000) or more from the respective employer. Embezzlement is most a good deal a crime! of opportunity and trust (Savage, DDS, 2011). Employees are raft that are trusted and placed in positions at nates the company that will allow them access to financial sec of the company they work for. Generally, these employees have little or no supervision from a direct boss or the owner of the company. The best way to try to prevent embezzlement is to range by example. The prevention starts at the top and works downwards. in that respect are many things...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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