Tag: employee fraud

Unfortunately, with retail employees leaving jobs more frequently and an increased reliance on seasonal workers, employee fraud is on the rise.

There has been a sharp drop in crime during stay-at-home directives and social isolation. New York Mayor Bill de Blasio said his city hasn’t...

When it comes employee investigations, sometimes the "smell test" will not let you rest. You know, those situations when you listen to a story or a business practice, and something just plain stinks.

Implementing targeted theft-deterrent strategies depends on consistent record-keeping, organization, and pattern recognition. A data-driven incident management process is the only way to keep pace with an extremely adaptable foe.

Who shoplifts? There is no typical profile of a shoplifter. Based on our experience of interviewing offenders, shoplifters can be male or female, of any race, as young as five or well into their seventies.

Every so often, a simple idea catches the imagination, fervor, and engagement of a group of people and is developed into a successful practice that revolutionizes a business. Electronic article surveillance (EAS) source tagging is definitely one of those.

Recent years have seen an explosion of consumer products that incorporate artificial intelligence (AI). Self-driving cars, Alexa, Siri, chatbots, Google search, and smart traffic...

To retail customers on couches—if they were to give it a second thought—virtual shopping might seem magical. With a few mouse clicks or screen touches, they can conjure up just about anything to appear on their doorstep.

Reviewing current and historical fraud data reveals an implausible finding: despite the refinement of company fraud prevention programs and a corresponding sophistication in employee fraud schemes, the old bogus expense report is a bigger problem now than 16 years ago.

Listening to loss prevention leaders discuss their relationships with information technology (IT) departments and offer advice for strengthening them can seem a bit like eavesdropping on marriage counseling.