4 ways employees steal from employers, and what a private investigator can do to help employers in this situation.
Investigating the theft of intellectual property for businesses with high public profiles and the placement of illegal video and audio bugs.
When an executive at a multi-billion-dollar corporation was awarded disability payments for worker’s comp claims, we were hired by the insurance company to follow the executive and make sure that his claims were legitimate and no insurance fraud was taking place.
We didn’t know that an otherwise routine surveillance job would lead us from Los Angeles to a surprise trip to Maui.
Not only did we obtain video evidence of the executive (who was clearly not hurt), the evidence was then taken to the Insurance Commissioner by our client, and the executive was arrested for insurance fraud.
We all pay a price for worker’s comp fraud, but businesses shoulder the majority of the costs and responsibly.
Businesses pay higher worker’s comp premiums because insurers pass the high costs of fraud onto their policyholders. Often the premium increases are large and very damaging —especially for smaller businesses that can least afford higher premiums. Workers lose jobs because businesses often must reduce their workforce, move to another state, or even go bankrupt because of higher premiums.