Few Small Business Owners Report Employee Theft to Police: Report
Most small businesses do not involve the police when they catch an employee stealing, new research finds.
Sixty-four percent of small businesses have experienced employee theft, but only 16 percent of those reported the incident to police, the study found. Overall, 40 percent of thefts in small businesses are of money, and cash thefts reported in the study range from $5 to $2 million, with $20,000 being the average amount stolen.