Employee Theft

Because of a lamentable lack of evidence, no‐one really knows how extensive theft is in economic terms in companies. Employee theft is estimated by the US Government to be $40 billion a year. The enormity of this figure can be put into perspective when compared to the estimate of $4 billion annually for street crime. Moreover, law enforcement officials maintain that more than 90 per cent of crime today occurs inside businesses rather than in the streets.