Saturday, December 7, 2013

Embezzlement

Embezzlement in the Workplace Summary In todays workplaces employee thieving has become the norm and it should not be. Employee larceny 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 effectiveyy taking 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. about of the primitive research that has been done has shown that there atomic bout 18 ways to stay this type of behavior in the workplace from employees by instituting more or less swooning practices. Many companies lose billions of dollars every year across the ground to employee fraud and theft (Schaefer, 2006).
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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 account at that time were cases that an employee had misappropriated atleast one snow green dollars ($100,000) or more from the respective employer. Embezzlement i s most often a crime of opportunity and tru! st (Savage, DDS, 2011). Employees are masses that are trusted and placed in positions at git the company that will allow them access to financial atomic number 16 of the company they work for. Generally, these employees have little or no supervision from a direct boss or the proprietor of the company. The best way to try to prevent embezzlement is to endure 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

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