LOSS PREVENTION INVESTIGATIONS

LOSS PREVENTION AGENTS

In 2014 American Retailers had estimated a total loss of $42 Billion due to Employee Theft. Almost 90 percent of all businesses have reported losses due to Employee Theft of some kind. Unfortunately, over 75% of this type of theft goes unnoticed! Orlando, FL is a national hot spot for theft due to the enormity of our local tourism, corporate, hospitality and retail industries and almost all of these retailers have a current Loss Prevention team and or program in place. Unfortunately the poorly trained & overwhelmed in house loss prevention agents are barely able to make a dent in the overall shrinkage that most companies experience.

COMMON TYPES OF EMPLOYEE THEFT

Although theft is only limited by the thief’s imagination the most commonly identified types of Employee Theft in Orlando are:

• Money: There are dozens of ways employees steal money every day without being noticed. (especially in cash businesses like bars and restaurants)
• Incoming Business: Literally stealing the entire customer, job or account right from under you.
• Intellectual Property / Information: Trade Secrets, Databases, Recipes, Blueprints, Business plans, Ideas, Cloud Storage & Software are just a few of the common examples.
• Merchandise: Prevalent in retail and in all businesses that maintain inventory.
• Supplies: Office supplies, Computers, Tools, Equipment, Technology and nearly anything else that “no one will notice”.
• Payroll: Falsifying or Inflating payroll, hours and expenses & not “clocking out” for breaks just to name a few.

Employees are often protected by both state and federal law regarding termination for theft. A Loss Prevention investigation into suspected Employee Theft must provide bulletproof evidence and be conducted by a licensed Orlando private investigator to avoid facing legal action from the very individual who stole from your company.

There are a number of tactics we can employ in loss prevention investigations including covert surveillance, undercover operations, polygraph tests, surveillance detection, GPS Tracking (vehicles, equipment, merchandise and personnel) and employee interviews. In some cases we have uncovered complex and ongoing theft rings that involved numerous employees and had been going on for years. In addition, we can create a strategic ongoing loss prevention plan based on the needs of your business and eliminate any weaknesses or “blind spots” in your business.

SRA can surreptitiously obtain critical the information you need to answer your questions and in many cases improve your profits or even save your business.

At SRA, we know every case is different and every loss prevention investigation is customized to meet the needs of your situation. Regardless of how unique or difficult, SRA has the tools and experience to professionally handle your case. For a free consultation or to get started right away call us at 407-502-5225.