When a company hires an employee, the last thing they want to think about is that the employee they just hired could steal from them. However, it happens all the time. Embezzlement is something that many companies struggle with and often leads to embezzlement investigations to get to the root of the problem. Using many strategies, a private investigator can help to gather the evidence needed to get rid of the problem. Advanced Private Investigator & Security of Miami, FL is here to talk about what an embezzlement investigation looks like and how a private investigator can help.
How Big of a Problem is Employee Theft?
You would like to think you can trust those that work for you, but that isn’t the case. In fact, 1 in 36 employees are guilty of embezzlement each year. That is a staggering statistic. Employee embezzlement costs business in the U.S. over 200 billion each year in losses. While there are plenty of honest employees out there, the bad eggs always spoil things for everyone. Now more than ever, employers assume their employees are going to steal from them as they put certain business practices in place to protect themselves. If you own and run a small business, having a dishonest employee can have serious consequences for your bottom line.
Types & Examples of Employee Theft
Employee theft can take on different forms. Following are some of the ways an employee could steal from the company they work for.
– Cash: One way that employees steal from your business is by taking cash. This can be done in a number of ways. They may simply take some cash from a register after making a sale. Another way that they can do it is to steal cash from a safe that isn’t as secure as you think it is. If they are getting extremely creative, they may give customers a higher quote and then pocket the money that the customer thinks they are paying to you.
– Merchandise: When merchandise is disappearing from your inventory, it can hit your business hard. It isn’t uncommon for employees to help themselves to what they want in your inventory and then try to sell it on their own for cash. Sometimes employees take it when the distribution process is underway and others will simply grab it and put it in their pocket on their way out the door after a shift.
– Payroll: Some employees will say that they worked hours that they actually didn’t to get paid for work that they didn’t do. They can even request reimbursements for travel when they were actually traveling for reasons unrelated to work.
Private Investigator & Security Services in Greater Miami, Sunny Isles, Hialeah, Fort Lauderdale, Pembroke Pines, Hollywood, Miramar, Boca Raton, West Palm Beach & Miami Gardens Florida
If you suspect that there is embezzlement happening in your company, you can turn to Advanced Private Investigator & Security of Miami, FL to help you uncover the evidence that you need to move forward with the case. Call us today!