Creating a Cash Overage- Internal Theft

 It was by chance that we discovered our latest internal theft case. We had just received a shipment of a particular new product. A few days later, we were out of stock on that item, but we didn’t see the sales we should have on it.

After beginning to review the journal tape, we noticed that at the end of the day there had been several voided cash transactions. Many of which had involved this new item. When we started to suspect internal theft, we began to review journal tapes from other days. 

 We noticed a pattern. A particular closing manager would have several cash transactions voided out just before store closing. Some of the transactions were ones that had occurred earlier in the day before she even got to work.

 We watched video from the cash office during her closing shifts and discovered that she would take money out of the tills and put it in her purse.

 She admitted that she would search the journal tapes for cash transactions and then post void them out. She would take that dollar amount in cash for herself-, which is why there wasn’t a cash shortage. Because the customer was leaving with the merchandise the shortage came from the inventory losses.

 In essence she had eliminated the sales causing the inventory to leave the store unaccounted for. Because the sales were originally paid for in cash, the transaction void caused unaccounted for cash in the register. The employee took the cash for her own thinking that she had eliminated the trail to her employee theft.

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

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