EMPLOYEE THEFTand

Workplace Investigations

Every year, businesses are losing millions ofdollars to theft. Unfortunately, one of the biggest

causes comes from EMPLOYEE THEFT.

BILLION

dollars stolen fromU.S. businesses byemployees every year50 43

of inventoryshrinkage isdue toemployee theft%

33of all businessbankruptciesare caused byemployee theft%

Source:http://www.statisticbrain.com/

employee-theft-statistics/

Employee theft and workplace fraud aren’tlimited to stealing physical property from an

employer or “cooking the books.”

An employee initiatespurchase orders for goodsor services that are then

diverted for personal use.

Sometimes employees set up fakevendor accounts and create fraudulentinvoices that result in payments made

to the employee.

1

PROCUREMENT FRAUD

Procurement fraud occurs when anemployee conspires with a vendor orsales rep to inflate sales in an effort toearn higher bonuses or commissions.

2

CORPORATE THEFT

If an employee exploits companyassets or steals corporate data and

uses it for personal gain – orprovides it to a third party for theirbenefit – that’s corporate theft.

3

Corporate credit cardsused by employees forpersonal purchases.

4

PAYROLL FRAUD

Payroll fraud occurs when fake,deceased or terminated employees arestill on the payroll system and someoneis collecting and cashing the checks.False or excessive overtime paymentsis another typical form of payroll fraud.

5

Are you suspecting that one ormore of your employees areengaged in such activities?

Do you suspect that one or more ofyour employees are engaged in

such activities?

Don’t attempt to conduct your own investigation.

There are established guidelines and procedures that must be followedif your company is to undertake an employee theft investigation.

BALDWIN LEGAL INVESTIGATIONS can help you by performing a forensic accountinginvestigation. Our private investigators, fraud

examiners and other experts will help you documentfacts and collect evidence in a way that is both

effective and legal.

Theft of a company’s physicalproperty can be easy to quantify,but data breaches and/or theftof intellectual property can bemore difficult to put a value on.

COMPUTER FORENSICINVESTIGATIONS &

LITIGATION SUPPORT

BLI can help quantify the damageyour business may have suffered as

a result of workplace crime.

Contact Baldwin Legal Investigationswww.baldwinlegalinvestigations.com

Baldwin Legal InvestigationsMax A. Hansen III

Post Office Box 3196Daphne, AL 36526

251.625.0766 Daphne office205.581.1084 Birmingham office

251.625.0716 fax