Employee Theft Archives - Loss Prevention Systems

Why should’t I do background checks myself?

Why do I need Loss Prevention Systems to conduct a pre-employment background checks when I could do some of this myself?

A Background Check Company does the work for you, on time and quickly.
We understand and abide by the extensive and ever changing Federal, State and Local government laws and regulations.
We search actual court house records for criminal histories. Many background check companies use commercial databases that are not complete, do not have current information and in most cases do not have any real information
Would you want to know if the applicant is a registered sex offender? If you own a daycare center or other company where children are at this is important information. But this also applies to your employee’s safety. Having a male sex offender working with a woman could cause you extensive risk. How would you feel if something were to happen you could have prevented. By the way, the laws do not allow a defense of “I did not know”. As an employer you have an obligation to know.
Does your company employ drivers? A motor vehicle check could uncover a suspended license and prior traffic convictions. Do you want a driver with your name on his uniform driving your vehicle on a suspended or revoked license?
We have tools to uncover details that an applicant may be trying to hide from you such as previous employers they do not want you to see. Did you know that one of the most lied about items on resumes and applications are the dates of employment?
In special investigative cases we can dig even deeper into a candidate’s background. In many instances the tools we use can give us so much information it can be overwhelming. In those special investigation we can give you the raw data or we can sort through it for you.
Loss Prevention Systems sticks with you throughout the process. Do not understand what all of those criminal charges mean? We can help you with that.
Need a rejection letter because the candidate did not meet your background check standards? We provide that template to you.
Want your background checks FAST? How about same day or next day turnaround as the norm for most checks.
Want to talk to a real person where you are not just some account number? In fact we do not even have account numbers. We have clients that we know by name and their changing needs. Loss Preventions goal is to be your partner and stand with you. When you call or email us you reach the same person that knows who YOU are.
Our software platform is state of the art. We are connected in some cases directly to the government databases that provide criminal records. This eliminates the middleman and gives us much more reliable information.
If we see something suspicious we let you know. This give YOU control over your background investigations.

Exceptional Sale – Employee Theft – Atlanta Gerogia

When you are wondering if you have an internal theft situation, you can turn to exception based reporting to help guide you.

The exception based reporting is just that- exceptions to typical conduct, generally found on the POS system.

For example, if a cashier conducts a “NO Sale” They are generally opening the cash register drawer without conducting a sale. A legitimate reason for doing this would be because they incorrectly gave back a customer change, and need to fix it.

In exception based reporting, a second criteria is added- no sale following a voided transaction. That could mean that the employee rang up a customer who was going to pay in cash. Instead of hitting total at the end of the transaction, they voided the transaction out completely.

To make sure the customer still thinks they are buying your product, the cashier hits NO SALE and takes the customer’s money and gives them back their proper change.

Since the transaction was never completely processed, there is now additional cash in the drawer. At some point, the cashier will take this extra cash and pocket it, creating an employee theft situation. You would not see a cash shortage, but an inventory shortage.

In order to investigate this employee theft situation, you would either need to take a physical inventory of every single item in your store on a daily basis (not very realistic) or you could implement exception based reporting.

For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia

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Bottom of Basket- Employee Theft

I remember working an employee theft investigation regarding a cashier, who was ringing up her boyfriend. Underneath his cart was about $300 dollars in product that she did not charge him for. Because she did not want to draw attention to this merchandise not being paid for, she left them under the cart.

Unfortunately for her, but lucky for us, she did not realize that the items had RF tags on them. When the boyfriend tried to leave, he set off the alarms at the door alerting everyone around to the situation.

I did some research as part of that employee theft case. The girlfriend had been passing off merchandise for several months. It was probably longer than that, but they had left a trail of paperwork that we could follow.

Some of the stolen goods were returned without a receipt so a merchandise credit was issued. Because it is an in store credit, we could track all of the purchases that card made.

Each time they used the merchandise card to pay for a transaction, we saw more merchandise being passed off at the register. They would then return that product and get a new merchandise store credit that we could track. And so the cycle was established.

It’s hard enough to think that one of your own employees has been stealing from you. It’s even harder to think that often, internal theft involves either multiple employees or an employee working with someone outside the company like a friend, a relative, or even a vendor.

For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia

in Employee Theft