2001 National Study Shows Losses From Employee Theft Reach Record Levels

The latest National Retail Security Survey reports that losses from employee theft have reached record levels and that total inventory shrinkage cost U.S. retailers $32.3 billion last year, up from $29 billion the year before

Where Inventory Shrinkage Happens:

                                                                Employee Theft 46%

                                                                Shoplifting 30.6%

                                                                Administrative Error 17.6%

                                                                Vendor Fraud 5.8%

Internal theft now costs U.S. retailers $14.9 billion annually, compared to shoplifting costs of $10 billion. Employee theft and shoplifting combined account for the largest source of property crime committed annually in the United States.

One in every three business-closures is the direct result of employee theft."

                      (U.S. Chamber of Commerce & Ernst & Young)

We offer:

            Undercover investigators for employee theft, drug abuse/sales.

             Employee time theft investigations.

            Surveillance, utilizing 35mm, video or digital.

            Covert camera installations, this can be done on a permanent or temporary basis.

            Surveillance, both stationary and mobile.