10 Signs of Employee Embezzlement

There are a number of warning signs of embezzlement. Some general indicators may include:

1.     Missing Documents

2.     Delayed bank deposits

3.     Holes in accounting records

4.     A large drop in profits

5.     A jump in business with one particular customer

6.     Customers complaining about double billing

7.     Repeated duplicate payments

8.     Numerous outstanding checks or bills

9.     Disparity between accounts payable and receivable

10.   Disappearance of petty cash

Other employee warning signs that can indicate trouble:

1.     Goes out of the way to work overtime

2.     Spending more lavishly than salary might indicate

3.     Has the same address as a vendor

Leave a Reply

Your email address will not be published. Required fields are marked *

*

HTML tags are not allowed.