Check and Balance System- Internal Theft

In order to reduce internal theft from embezzlement maintain a check and balance system for everything you do. Have a periodic audit or reconciliation, even if it is once a month. Have someone else do the audits, someone who was not involved in the transactions.

Embezzlers have spent hours figuring out your systems and their inefficiencies. They have been there long enough to know what your hot points are and what things are routinely let slide. From there they devise a plan that works around what you watch and what you don’t.

They are especially difficult to detect because the employees that embezzle are ones that have been working the system for years. In fact, because they have been around for years, they are often the ones that have been promoted to jobs with more responsibility and access, and are in a trusted management position.

Frequently, we catch on to these embezzlers because of an employee tip. Another common way to unearth embezzlement is by opening up a blanket employee theft investigation. That is one where we take a look at all of the employees and check for signs that might be a red flag.

We can also catch on if we notice an employee that is living beyond their means. If they are spending money that you know you don’t pay them enough to have, they might be supplementing their income elsewhere- like from your coffers.

For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Store to purchase CCTV Systems that can help you stop Employee Theft and Internal Theft problems and help with your Employee Theft Investigation.