Question

What types of property are encompassed under the heading of employee theft?

What types of property are encompassed under the heading of employee theft?

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Answer #1

Types of Employee Thefts include/Properties encompassing Employee Theft Include :

1. Asset misuse – This involves using official resources for personal use. This is an exploitation of the employer resources.(Office supplies theft)

2. Embezzlement : Usually involves stealing of precious employer merchandise, money or information.(Monetary Theft)

3. Time Misuse – Usually involves underworking by falsifying time records.

4. Intellectual Property – By stealing the company trade secrets or designs

5. Merchandise – By stealing company products which were to be sold.

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