Tag: dishonest employee


Closing a Retail Store: Loss Prevention’s Role

Closing a Retail Store: Loss Prevention’s Role

In recent years, senior loss prevention executives throughout retail have had to come to grips with a different type of promotional sale events—the all-too-frequent store-closing sale.

It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store.   Read More


What Is Embezzlement?

What Is Embezzlement?

What is embezzlement? Embezzlement is a type of theft involving a person or persons entrusted to property owned by someone else (such as an employee) who then uses fraudulent means to illegally misappropriate the property or cash entrusted to them.

Embezzlement is a breach of the fiduciary responsibilities placed upon a   Read More


Rapport-Building Techniques: The Power of Connection

Rapport-Building Techniques: The Power of Connection

As interviewers, we often share with colleagues how we fared with our various investigations and subsequent interviews. We spend a great deal of time discussing our favorite parts of the interview–the rationalization(s), handling the denial(s), and ultimately how and when we got the submission.

However, one aspect of the loss prevention   Read More


Credit Card Fraud Detection

Credit Card Fraud Detection

A common type of fraud involves the use of credit cards as the form of tender to obtain goods or services and typically originates with the theft of the actual credit card or the account number. Credit card fraud detection is difficult. If a credit card or number is stolen, the   Read More