Internal affairs.
Employee fraud is far more common and serious than most companies realise. Shona Cronin says that employee theft is on the increase and the need for fidelity guarantee insurance is greater than ever.
Most companies have a member of staff who has been in the job for aslong as anyone can remember, consistently works late, and does not appear
to have had a day off sick in 15 years. Employees such as these are
normally revered and valued as gold-dust. However, according to the
International Fraud Survey conducted by Ernst & Young, it is these very
employees who are most likely to be embezzling the company's funds. The
report Fraud the Unmanaged Risk found that 84% of the worst cases of fraud
were
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