What Is Embezzlement?
According to statistics, an average U.S. company loses around 7% of its revenue annually to employee theft. Moreover, a third of all bankruptcies in the country are caused by embezzlement. Obviously, in order to stay afloat, businesses are striving to eliminate theft in the workplace. In this article, criminal attorneys at NYC firm Joseph Potashnik and Associates delve into the topic and explain the types of this crime, what punishment it carries and how to protect oneself from the consequences of embezzlement.