Companies Catching Employees on the Golf Course During COVID-19
Recently, corporations started hiring us to perform surveillance on executives that were supposed to be working from home during COVID. They were on the golf course or on their boats.
The Top 5 Reasons Every Business Needs a Private Investigator
The skills and knowledge of private investigators can help businesses make informed decisions and protect their assets. Here are the top 5 reasons every business needs a private investigator.
5 recent cases of workplace theft
Continuing our series of workplace theft stories, this post looks at five recent examples of employee theft in the news.
More instances of employee theft during the holidays
Very often, our private investigators are called for corporate investigative matters -including various matters including fraud and employee theft. A 2013 survey from the Association of Certified Fraud Examiners showed that during the holidays, fraud and theft in the workplace actually go up by about 20%. According to the FBI, workplace theft actually costs companies…
Holiday employee theft: Christmas for criminals
The holiday season is upon us. With all the chaos upon retail stores, December is a key month for thieves. And with all the retail theft that happens around this time of year, it’s one of the busiest times of the year for my private investigative agency (another being Valentine’s Day). Business owners usually conceptualize…
Small businesses don’t report employee theft, study says
A recent survey performed through the University of Cincinnati suggests that small business owners only report employee theft around 16% of the time. Keep in mind that 64% of the businesses surveyed reported being victims of employee theft. The reasons why small business owners are not reporting the theft are not what you would imagine.
Workplace theft: Two recent cases
Reputable statistics on workplace theft show that nearly 75% of employees have stolen at least once from their employer, and over half of those are repeat offenders. The types of theft that occur today differ from those in the past. While some employees are still stealing physical items or cash from their workplace, other types…
Employee embezzlement: $6 million stolen from Bank of America
When Bank of America hired Elaina Patterson, they had no idea she would end up as the poster person defining one of the worst cases of employee embezzlement in recent years; Patterson ended up stealing more than 6 million dollars from the company’s investors and customers. Working for the company from 1999 until 2011, Patterson was stealing…
Prevent information leaks
Morrisons is one of the largest supermarket chains in the United Kingdom. Recently, they faced a challenge when an employee leaked thousands of personal staff details online, which included salaries, bank account details and addresses. This post discusses what companies like Morrisons can do to prevent information leaks.
Common Types of Business Fraud
A 2013 report suggested that 70% of companies fell victim to business fraud in 2013. This was up from 61% in 2012. I previously wrote a piece for the Orange County Business Journal about common ways OC businesses are getting ripped off every year. In this post, I’m listing popular types of fraud facing businesses…