embezzlement

Never too late: Court rejects employee’s attempt to avoid liability for theft

December 19, 2018 Stringer LLP Employee Relations, Human Resources, Notice, Damages and Settlements, Payroll, Penalties and Fines

The case discussed in this article is both an encouraging sign for employers who are victims of employee theft, as well as a warning.

bullying, embezzlement, employment law, harassment, Limitations Act, separation agreement, theft

Managing fraud risk

January 4, 2012 Adam Gorley Employee Relations, Human Resources

Reducing the risk of fraud from both external and internal sources is something that all businesses have to consider at some time, or continually, depending on the owner’s approach and taste for living on the edge. But seriously, fraud is a serious problem that can damage or even destroy a business, particularly small and medium ones, which can’t afford the potential losses.

anti-fraud controls, banking and treasury, embezzlement, employee fraud, employee theft, external fraud, FAPP, Finance and Accounting PolicyPro, fraud prevention, fraud risk, indemnification, internal fraud, Jeffrey Sherman, purchasing, record keeping, revenue, risk, risk management

Laws not enough to stop fraud

December 5, 2011 Adam Gorley Employee Relations, Human Resources, Privacy and Security

A recent US survey finds that “Business losses due to fraud increased 20% in the last 12 months, from $1.4 million to $1.7 million per billion dollars of sales. … 88% of the respondents reported being victims of corporate fraud over the past 12 months.” Does this worry you?

business fraud, corporate malfeasance, embezzlement, fraud, fraud-prevention controls, information theft, preventing fraud, risk management