How do you prove a staff member is stealing money?

Your first step is to be alert to telltale signs, such as:

An unexplained drop in profits.
Petty cash that is quickly depleted.
Missing inventory.
Payroll and expense discrepancies.
Undue travel expenses.
Disappearing office supplies.

How do you investigate employee theft?

Here are the steps you should follow to investigate theft in the workplace.

Follow Company Policies.
Assign an Investigator.
Emphasize Confidentiality.
Begin the Investigation ASAP.
Gather Evidence, Conduct Interviews, and Trace Assets.
Notify the Police.
Discipline or Terminate the Employee.
Recover Losses.

What happens when a bank employee steals money?

It states that anyone who embezzles or willfully misapplies any money or other assets of the bank is guilty of a federal offense, and can face a 30-year prison sentence and up to $1 million in fines. If the offense involves less than $1,000, you can still be sentenced to up to one year behind bars and a $100,000 fine.

How do you prove embezzlement?

To prove embezzlement, a prosecutor must prove beyond a reasonable doubt to a moral certainty that the defendant had a specific intent to defraud the victim of property entrusted to the defendant through the fiduciary relationship. The defendant must have actually intended to deprive the victim of the property.

How often does employee theft happen?

What percentage of employees steal from their employers? Recent stats suggest that about 75% of all employees have stolen from their employers at least once during their time within their company. That makes about three-quarters of all employed workers, with 37.5% of them stealing at least twice.