How to Avoid the Threat of Employee Theft

From falsified bank statements to fictitious vendors and cash skimming, dishonest employees can find countless ways to steal from their employers. Brian Bean, executive claims consultant at R&R Insurance Services in Waukesha, Wisconsin, says employee theft affects businesses of all types and sizes. “Rule No. 1 is any employee can steal — new, long-term, a trusted friend who was an employee. I’ve talked to people who said, ‘This guy was a friend of mine, and he stole from me,’” Bean says.Even family-owned businesses aren’t immune to employee theft.“Family steals from you just like everybody else,” Bean says. “Essentially, it could be