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Employee Theft Increasing Making Employment Screening Necessary

Production may be down, sales might be down, jobs may be scarce, but employee theft is on the rise.  According to NewsHerald.com,  Law enforcement authorities in Panama City, Florida are investigating the theft of nearly $14,000 in deposits.   The company where the funds were allegedly stolen, Amerigas, discovered the theft during a periodic audit.

The suspect, a former employee, no surprise there, had been fired some two years ago.   As only $2,000 of the stolen funds was in cash, and the rest in checks, it is possible to recover some of the missing funds.   First it is incumbent to find the suspect.   Sometimes that is easy and often they have taken off for different climes.

Does this happen much?  Indeed. As I said it is on the increase and worried employer are conducting a greater number of background checks to filter their job applicants.  Needless to say, having money or sensitive proprietary data stolen is embarrassing and often very costly.   It doesn’t do wonders for morale, either.

Check them out before you hire.

By Gordon Basichis

Gordon Basichis is the Co-Founder of Corra Group, specializing in pre-employment background checks and corporate research. He has been a marketing and media executive and has worked in the entertainment industry, the financial, health care and technology sectors. He is the author of the best selling Beautiful Bad Girl, The Vicki Morgan Story, a non-fiction novel that helped define exotic sexuality in the late twentieth century. He is the author of the Constant Travellers and has recently completed a new book, The Guys Who Spied for China, dealing with Chinese Espionage in the United States. He has been a journalist for several newspapers and is a screenwriter and producer.

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