Top business crime schemes
Unfortunately, not everyone you work with or employ has your business’ best interest at heart. And it’s causing crime schemes to occur in the workplace.
To reduce the risk of employee theft, there are suggested best practices for your business. But it’s important to work with your independent agent to help ensure proper insurance protection in the event that fraud takes place. Here are the top four types of common crime schemes by employees today.
Let The Hanover help
Talk to your independent agent about fidelity and crime coverage and learn more about how you can be protected for the loss of goods or cash through theft, fraud, forgery or other crimes.
Source:
FreshBooks
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage.
LC 2018-441
Related resources
Top business crime schemes
Unfortunately, not everyone you work with or employ has your business’ best interest at heart. And it’s causing crime schemes to occur in the workplace.
To reduce the risk of employee theft, there are suggested best practices for your business. But it’s important to work with your independent agent to help ensure proper insurance protection in the event that fraud takes place. Here are the top four types of common crime schemes by employees today.
Let The Hanover help
Talk to your independent agent about fidelity and crime coverage and learn more about how you can be protected for the loss of goods or cash through theft, fraud, forgery or other crimes.
Source:
FreshBooks
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage.
LC 2018-441
Related resources
Top business crime schemes
Unfortunately, not everyone you work with or employ has your business’ best interest at heart. And it’s causing crime schemes to occur in the workplace.
To reduce the risk of employee theft, there are suggested best practices for your business. But it’s important to work with your independent agent to help ensure proper insurance protection in the event that fraud takes place. Here are the top four types of common crime schemes by employees today.
Let The Hanover help
Talk to your independent agent about fidelity and crime coverage and learn more about how you can be protected for the loss of goods or cash through theft, fraud, forgery or other crimes.
Source:
FreshBooks
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage.
LC 2018-441
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Top business crime schemes
Expense reimbursement
What are they? Employees submit additional expenses that never occurred or were not of a business nature and are then reimbursed for those bogus expenses.
Asset misappropriation
What are they? Employees forge checks or take inventory from company supplies without permission.
Billing and invoice
What are they? Employees set up false vendor accounts and bill companies for non-existent parts or services, or awarding inflated contracts to friends.
Payroll
What are they? Employees manipulate the amount on their checks, or lie about their productivity/time worked.
Related resources
Top business crime schemes
Unfortunately, not everyone you work with or employ has your business’ best interest at heart. And it’s causing crime schemes to occur in the workplace.
To reduce the risk of employee theft, there are suggested best practices for your business. But it’s important to work with your independent agent to help ensure proper insurance protection in the event that fraud takes place. Here are the top four types of common crime schemes by employees today.
Let The Hanover help
Talk to your independent agent about fidelity and crime coverage and learn more about how you can be protected for the loss of goods or cash through theft, fraud, forgery or other crimes.
Source:
FreshBooks
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage.
LC 2018-441