Articles Tagged with ''employee theft''

Employee theft, shoplifting/organized retail crime and administrative error are the main sources of loss affecting retailers.

Current background screening pushes criminal, educational, credit and federal tax reports back until after an applicant is actually hired, instead of before.  

The higher the wages of retail workers, the less likely they are to steal store merchandise, according to a new study.

Shoplifters and dishonest employees stole more than $6 billion in 2011 from 24 major retailers, a new survey says. 

A hospital employee in Matteson, Ill., has been charged with stealing patients' credit card information to pay her bills.

A finance officer siphoned off $30 million from the city of Dixon to fund a nationally renowned horse breeding business.

Nearly 70 percent of the nation’s service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year.

A Bronx woman is accused of stealing more than $1 million from the Roman Catholic Archdiocese of New York when she worked in the archdiocese’s finance office.

The year 2011 was another banner year for employee theft in the United States, experiencing only a slight drop in frequency from the pace set in 2010, says a new report.

Retailers have a systemic problem. They know that a percentage of the people walking into their stores are there solely to steal. But with full knowledge, they still welcome all as if they will be paying for their purchases. They also know that unbridled access to goods leads to higher sales, but allowing that also creates a gateway for higher theft.