Recognizing the signs of embezzlement

February 13, 2017

Can you afford to lose 5 percent of your revenue each year?

That’s how much money, on average, the typical organization loses annually to fraud, according to the Association of Certified Fraud Examiners, or ACFE.

Surprisingly, the majority of embezzlers don’t set out to steal from you, and most have never before committed a crime. Unfortunately, there are hundreds of ways to steal from a restaurant, and all it may take is a little push.

Most embezzlement cases can be traced back to what one expert calls the “Fraud Triangle.”

Donald Cressey, author of “Other People’s Money,” said three things