They Didn’t Stop Employee Theft Soon Enough!

Simply put waiting to stop employee theft will just cost a business more in the end.

An employee theft investigation was initiated at the request of the Owner of a retail store chain located in the Atlanta metro area. The owner stated that his Accounting department had discovered a loss of cash and merchandise of approximately $28, 308.00. This loss was attributed to the one store.

The owner explained the procedures and operations of the company. In addition, a review of the background of the three employees at the store was conducted.

An interview was conducted with one employee. During the interview the employee admitted to the theft of $ 23, 250.00 in cash from the store. He stated that he needed the money for bills including child support, fuel, food, a car note, clothing and because of garnishments, which decreased his take home pay.

The employee stated that he stole approximately $100 each day he worked. He stated that he did this by not ringing selected transactions into the cash register and pocketing the money.

He admitted that he had been stealing for 14 months. The employee further stated he stole every day he worked, which was five to six days a week. He said that he stole in that manner three out of four weeks. He said that the last time he stole cash was the day before the interview.

The employee also stated that he stole merchandise valued at an average of $40.00 each month by giving it to friends.

The employee incorporated his admissions into a voluntary written statement. As a result of the employee theft investigation criminal charges were filed with a Metro Atlanta area Police Department.

You must be proactive to stop employee theft . I have found that after a business looks back at a typical employee theft investigation they find that they waited entirely too long before taking action.

More info? Contact us in the Atlanta area to stop employee theft or call 1.770.426.0547