The industry refers to employee theft as white-collar crime – or corporate crime. Corporate crime refers to financially motivated, nonviolent crime committed by professional or government employees.
A statistical analysis of corporate crime tells us that these types of crimes are on the rise. Employee Theft, Fraud, and other types of corporate crime every year. The average company loses $9 per employee per day, and most of these losses happen in businesses with fewer than 100 employees. Businesses lose 20% of every dollar to Employee Theft.