The thought that employee theft only happens at large businesses like the Wal-Marts of the world is a fallacy. Small businesses are actually more likely to be affected by employee fraud, and will also sustain a larger median loss than bigger companies.
The 2006 report by the Association of Certified Fraud Examiners showed that businesses with fewer than 100 employees suffered a median of $190,000 in fraud losses. Without safeguards, any


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