Embezzlement

Embezzlement in the Workplace Summary In straight offs workplaces employee thieving has become the norm and it should not be. Employee thieving is not whimsical at all in todays world. The drab thing is that it could be the employee that you suspect least(prenominal) that is robbing the company blind. Employee theft also known as pilfering, larceny and some unremarkably described as embezzlement, comes under the umbrella of what is considered fraud. (Schaefer, 2006). Many businesses consent to great losses due to employees unlaw completeyy 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. close to of the primitive research that has been done has shown that there atomic follow 18 ways to stay this type of behavior in the workplace from employees by insti tuting more or less clean practices. Many companies lose billions of dollars every year across the population 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 describe at that time were cases that an employee had misappropriated atleast one snow yard dollars ($100,000) or more from the respective employer. Embezzlement is most lots a crime of opport! unity and trust (Savage, DDS, 2011). Employees are tribe that are trusted and placed in positions at butt the company that will allow them access to financial mho of the company they work for. Generally, these employees have little or no supervision from a direct boss or the possessor of the company. The best way to try to prevent embezzlement is to unravel by example. The prevention starts at the top and works downwards. thither are many things...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper