• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Fight employee fraud

by on
in Leaders & Managers,Office Management

A new study shows that small businesses are hurt the most, on a per worker basis, by internal fraud. In general, U.S. businesses lose an average of $9 per worker per day to employee theft—a total of $400 billion annually, according to the Association of Certified Fraud Examiners. And per-fraud losses at small businesses (under 100 workers) are nearly identical to those at the largest companies. Fraud experts say the most frequent culprit is a trusted employee whose money handling is not double-checked. A recent survey found that 48 percent of employees admitted to one or more illegal or unethical acts during the past year.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/26289/fight-employee-fraud "

Related Articles...

    No matches

Leave a Comment