HPG Employee Theft Article

From HPG – Guard against Losses from Employee Theft

Tasha Dyson, CFECompliance, Security Program Development, Theft, Embezzlement, and Fraud

Employee theft costs companies billions of dollars a year. This poses a very serious threat to profitability if left unchecked. Therefore, every business needs to set up some internal controls to thwart this type of fraud. This article from Hughes Pittman & Gupton, LLP entitled “Guard against Losses from Employee Theft” looks at a few simple steps to take that …

The Cost of Security

Protus3Security Program Development, Theft, Embezzlement, and Fraud

The former director of a North Carolina Central University program designed to help minority students used an unauthorized bank account to divert more than $1 million from the program over six years, according to a state audit (WRAL News Story). What can we learn from this story? It’s usually easier and cheaper for companies and organizations to be proactive rather …

Pre-employment Background Investigations

Protus3Background Investigation

Why did the chicken cross the road? You know the rhetorical question and the answer: to get to the other side. But would the chicken cross a six-lane highway during rush hour traffic with his eyes closed? I think not; chickens are smarter than that. I use that old joke to illustrate the dangers and risks some companies assume if …

Products for Sale

Protus3Security Program Development, Theft, Embezzlement, and Fraud

An employee comes to you and tells you that her uncle bought some of your company’s products at a very good price. The employee asks how he could make the purchase at less than the employee discount. That afternoon, you receive a call from the local police department. They report that some of your company’s products have been spotted at …