By Agnes Gawecki The definition of “employee” under Employee Theft Coverage is crucial in determining whether benefits will be paid in the event of property theft. Employee Theft addresses various types of employees, though its noteworthy to point out owners and partners are excluded from the coverage. Employee Theft insurance relies on a specific definition […]
Sometimes it’s hard to be a woman . . . Tammy Wynette Women in the workplace walk a tightrope between being perceived as too bossy or too weak. The same behaviors are labeled differently for male leaders and female leaders. A male leader who shouts, speaks over others, and ignores opposing viewpoints may command respect. […]
Handle them carefully, for words have more power than atom bombs. Pearl Strachan Hurd -British Politician (1930s) Appearances, behavior, tone of voice, and even words make an impression. Words can convey both confidence and insecurity. A recent New York Times op-ed by Molly Worthen, a history professor, discusses the tendency, especially among women, to use […]
January 27, 2020 is a big day. It’s National Chocolate Cake Day, Bubble Wrap Appreciation Day, and the ever popular Tax Identity Theft Awareness Day. The IRS has observed Tax Identity Theft Awareness Day since 2014 in an effort to bring awareness to an ever-increasing problem. So, while you’re celebrating with a slice of cake […]
A company files a claim contending a warehouse manager stole $450,000.00 in inventory. The manager, a long-time employee, was trusted with keys and alarm codes. He was able to enter the warehouse after hours and remove pallets of product. The company contends the theft occurred over a 12-year period. When confronted with an inventory loss […]
When a business files an inventory loss claim, we often jump to the conclusion fraud is the cause of the loss. But fraud it isn’t always the reason behind the missing items. Several variables make it difficult to measure inventory accurately: complex production processes, varied accounting methods, and the sheer volume of items. As a […]
“There is a void in the English language which we undertake to fill,” wrote a journalist from a Massachusetts newspaper in 1901. “Everyone has been put in an embarrassing position by ignorance of the status of some woman. To call a maiden Mrs. is only a shade worse than to insult a matron with the […]
In 1986, U.S. Congress enacted the Computer Fraud and Abuse Act (CFAA), The CFAA was enacted to combat various types of “computer crime.” The Act criminalized, among other things, the act of intentionally accessing a computer without authorization. In 1986, this meant “hacking or trespassing into computer systems or data.” The CFAA has been expanded […]
Employee theft and employee dishonesty cases can follow similar patterns. Employees often steal merchandise, cash, or make personal purchases using company credit cards. But some cases stand out either because of the amount of loss or the method of misappropriation. Here are five over-the-top examples of in-house theft and employee fraud: The Jury Duty that […]
High-end jewelry and precious gems top the list of targets for organized and opportunistic criminals. Grab-and-run losses are all too common in the jewelry industry. Jewel thieves typically use overt and covert surveillance to gather intelligence before committing their crime. They rely on speed, distraction, store layout, and lax security procedures. While it may be […]
On March 8, 2017, the Wall Street Journal published an article about KPMG being under fire for scandals in the U.S., South Africa, and the U.K. Although KPMG does face trouble on three fronts, the scandals involve three legally separate firms: KPMG, LLP, a New York-based U.S. partnership, is dealing with the indictment of former […]
The case Medidata Solutions, Inc. v. Federal Ins. Co. involved a fraudulent impersonation scheme and an alleged entry into the insured’s computer system. The case involved a series of events seen all too often. The court’s ruling presents a peek into the intricacies of analyzing coverage in traditional computer fraud claims. It is important to […]
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