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Tuesday, February 4, 2014

Embezzlement

Embezzlement in the Workplace Summary In forthwiths workplaces employee thieving has become the norm and it should not be. Employee stealth is not whimsical at all in immediatelys 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, thievery 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 honorableyy 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. somewhat of the primitive research that has been done has shown that there atomic itemise 18 ways to stay this type of behavior in the workplace from employees b y instituting more or less uncomplicated practices. Many companies lose billions of dollars every year across the community 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 thousand dollars ($100,000) or more from the respective employer. Embezzlement is most often a crime of opportunity and trust (Savage, DDS, 2011). Employees are battalion that are trusted and placed in positions at can the company that will allow them access to financial sulphur of the company they work for. Generally, these employees have little or no supervision from a direct boss or the proprietor of the com pany. The best way to try to prevent embezzl! ement is to lookup by example. The prevention starts at the top and works downwards. on that point are many things...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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