People in the workplace are going to try to get away with anything that’ll supplement an income, especially in an economy on a downward spiral, which includes petty theft and pilfering.
It may be as small as taking printing paper and other stationery home, or as big as funnelling company funds into the account of an employee.
Its more often than not hard for an employer to put their finger on the problem, especially if it’s theft of stock or overtime charged that isn’t worked in, which is why it’s often necessary for a business to hire a private investigator to get to the bottom of the situation.
The selling of sensitive company information, such as customer data bases, theft of company secrets such as an acquisition about to take place, or a new product in development is big business, with crime syndicates offering large sums of money to employees to cough up this information.
Asset misappropriation is one of the greatest threats to business today, brought on by, in broad terms, creating false invoices, stealing information and patents, manipulating accounts and using company assets to line employee pockets, or using company time to do personal work.
A report in IOL about the PwC’s biennial Global Economic Crime Survey released in February 2018 says, ‘South African organisations are facing the highest instances of economic crime in the world, with economic crime reaching its highest level in the past decade’.
These are frightening statistics for any organisation, big or small, and the losses incurred are massive as each financial year passes.
In an economy that is already reaching crippling levels, no one can afford these kinds of losses, which is why many businesses will work with King Investigators to find out exactly what’s happening out of sight.
There are many more examples of the types of fraud committed by employees, but, if you really want to know what’s happening in your business behind the scenes, a private investigator is your best option.
The reason for this is that although you’ll want to call in the authorities, it is to your benefit that you first do your own investigation so that you’ll have evidence of the crime committed, before deciding on the appropriate course of action to be taken against the employee.
Although many people think that private investigators live a high flying life of excitement, the opposite is true, in that an investigator needs to have a high aptitude for exploration and analysis of reams of data in order to get to the core of any investigation.
King Investigators regularly carry out a full range of business intelligence services, which include asset misappropriation, financial fraud, internal theft and accounting theft, to name a few.
These types of investigation require a high level of experience and professionalism, which is why Jacques Botha, owner of King Investigators in Johannesburg and Pretoria, and his team, are in demand as partners to businesses experiencing any type of employee theft.
In-depth employee background checks are a good place to start, but when all else fails, it may be time to institute polygraph tests and voice stress analysis tests to get to the truth and catch perpetrators of crime in your business.
Let King Investigators give you the support you need to stop the drain on your profits and to regenerate your profit margin to where it should be, by contacting Jacques today for a confidential conversation about what an investigation would entail.