The Heavy Burden Of Light Fingers

Trust doesn't keep employees from stealing; prevention does

Chris Daniel used to treat employees like family. That is, until his bookkeeper allegedly swiped $122,000 from his company's coffers, which, he says, nearly put him out of business. To cover the loss, Daniel had to cut his own salary by 25%, lay off five employees in his eight-person operation, and take out a second mortgage on his home. "It's like a marriage breaking up over an infidelity," he says. "I was angry, and deeply hurt."

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