Definition of unethical behaviors: Unethical behavior is an action that decreases external of what is reflected morally right or appropriate for a person, a profession or an industry. Stealing Definition of stealing: Take (another person's property) without permission or legal right and without intending to return it. Causes of stealing: According to Justin A. Walsh – August 2000 – © Copyright 1996-2008 – a U.S. businesses lose billions of dollars each year to employee stealing. The U.S. Chamber of Commerce reports that 30 percent of small business failures are caused by employee stealing and estimates that 75 percent of all employees steal once, and one-half of those steal a second time. The most common asset that is stolen by an employee …show more content…
Misapplying Customer Remittances. 5. Bribes, Bid-Rigging, and Kickbacks. 6. Purchasing Goods for Personal Use with Company Funds. 7. Data Manipulation. 8. Duplicitous Expense Reports. 9. Manipulate the Machines. 10. Salami Fraud. Many times security and controls are so poor, employees simply walk out the door with your cash, inventory, or other assets. Discounting fraud or disagree with it can happen at your company is foolish and is inviting loss. By the way, a favored trick of dishonest employees is to take inventory out the back door and put it in the dumpster for recovery after hours. To stop this, it doesn’t take much effort to simply lock the dumpster at the end of every day. Fake document is one area where technology can work against you. Even an employee with low technology skills can easily get a printer and create fake documents which could fool a professional one. Document falsification normally may include checks with different payees or amounts, fake rejected checks, fake or duplicate purchase orders, bills, receiving documents, or altered time cards. Many frauds are based upon setting up fake workers or fake wholesalers with a dishonest employee thieving the payments made to them. Methods of Employee