He began selling the surplus at a profit, a copy caper that continued for more than two years. Police investigators estimate that he stole more than $367,000 worth of toner, which he resold for between $10 and $15 per box. He will serve one to three years in prison.
Meanwhile, the employer is having no success in collecting restitution. The man’s only asset, a $14,000 retirement account, is untouchable without his wife’s consent. She refuses, and has moved to South America.
Note: Sometimes mundane items bring the biggest profit for sticky-fingered employees. Consumables in particular offer big profits because the thief can develop repeat customers. Combat such theft by regularly comparing purchasing records and inventory levels.
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- Out of sight shouldn't be out of mind: Monitor remote facilities for signs of harassment
- How long should I hang on to this? Your guide to record retention requirements
- 4 employment law lessons from the courts
- Employee sued and now she's back at work? Don't walk on eggshells for fear of retaliation