White-Collar Crime Essay -- Crime

Businesses are vulnerable to a variety of internal and external crime that affects an organizations performance. White-collar crime is a problem affecting businesses in the U.S. and around the world, costing billions of dollars in lost revenue every year. This paper will light upon the types of employee crimes focusing on stealing and the perpetrators examine the usurpation to businesses and explore how business can deal with these offenses. Mr. Smith places some extra highlighters and colored paper in his briefcase from the offices supply closet for young Billy to use on his school project. Joanne has returned to her desk a 15 minutes late from her lunch buck and is now surfing the web for airfare while on the phone long distance with her ailing grandmother to discuss plans to see her next month. Leonard supplements his hourly betroth from working nights at the gas station by sneaking a couple scratch-off lottery tickets off the roll when the owner isnt around. Mrs. Sara Swindle has been defrauding articulation members by diverting dues for her own use. Some of these examples may not necessarily be prosecuted or even discovered but nonetheless are examples of employee theft or white-collar crime. Businesses face a myriad of internal threats for their success the focus for this paper is theft including theft of cash, inventory and equipment. Other types of employee crime overwhelm writing company checks, money laundering, processing fraudulent invoices, payroll fraud, falsifying revenue reports, customer identity theft, intellectual property theft, overstated expense reports and belief card fraud (Bressler, 2011). Long before credit card fraud and identity theft, business owners dealt with theft. There is a no more clear exampl... ...activity and its impact on business. The Entrepreneurial Executive, 16, 49-61. Retrieved from http//0-search.proquest.com.oak.indwes.edu/docview/885012416?accountid=6363Kuratko, D. F., Hornsby, J. S., Naffziger , D. W., & Hodgetts, R. M. (2000). Crime and Small Business An Exploratory Study of Cost and Prevention Issues in U.S. Firms. Journal Of Small Business Management, 38(3), 1-13. Retrieved from http//0-web.ebscohost.com.oak.indwes.edu/ehost/pdfviewer/pdfviewer?sid=56e11fdb-9475-4a64-9062-e0c057beace7%40sessionmgr11&vid=21&hid=15 Larson, E. (1985, January 14). Crooks tool Computers turn out to be valuable aid in employee crime --- machines facilitate stealing, extortion and sabotage west coasts robin hood --- you dont trust anybody. The wall Street Journal, p. 1. Retrieved from http//0-search.proquest.com.oak.indwes.edu/docview/397889148?accountid=6363