Embezzlement Investigation and Research Key to Reducing Corporate Costs

Released on = July 18, 2007, 12:41 pm

Press Release Author = Mandy/Brandwidth

Industry = Consumer Services

Press Release Summary = With many businesses, the cost of shrinkage-costs associated
with employee theft, inventory loss, abuses of benefits, and embezzlement-is
factored into the operational cost of the enterprise. Corporate embezzlement
investigations and embezzlement research can expose wrongdoing and help a business
keep costs lower

Press Release Body = The cost of shrinkage-corporate losses due to employee theft,
inventory loss, abuses of benefits and embezzlement-is a fact of life in today's
business world; reducing bottom line profits by an average of four percent. It
doesn't have to be that way, says one Indianapolis Investigation firm specializing
in embezzlement investigations and embezzlement research designed to ferret out
internal thieves and advantage-takers.

"In the United States, many companies build the cost of shrinkage into their
overhead, passing the cost along to consumers. In highly competitive industries
however, the company has to simply absorb the loss," says Tim Wilcox, President of
Indianapolis-based International Investigators, Inc. "Embezzlement investigations
and undercover operations are an effective deterrent to more kinds of theft than you
can imagine."

Wilcox's sample list of corporate malfeasance is long and detailed, and includes
employees who steal inventory, abuse insurance benefits and sick days, violate
intellectual property regulations, virtually any act committed by an employee that
affects the bottom line through unexplained losses. Other costly problems include
workplace substance abuse, OSHA violations, even abusive supervisors-all contribute
to loss, and in effect are a form of corporate embezzlement.

"Undercover operations are particularly effective when it comes to controlling
shrinkage. You need an inside out perspective on how employees are taking
advantage of the system in place," adds Wilcox, whose firm has investigated
thousands of cases in its forty-seven year history.

Embezzlement investigations and embezzlement research includes undercover
operations, but that's not a company's only defense against shrinkage International
Investigators can sweep for surreptitiously placed bugs and listening devices,
investigate electronic activities, and follow computer paper trails-anything that
leads to the discovery of unexplained loss within an organization."

"White collar crime is far more prevalent than blue collar crime. Shrinkage is a
fact of life for almost every company in the nation. Reducing that cost is where we
come in." says Wilcox.

For more information about embezzlement investigations and embezzlement research,
visit www.iiiweb.net.

ABOUT
Since 1960, International Investigators, Inc. has assisted companies and individuals
with their most sensitive matters. Based in Indianapolis, their staff of
professional private investigators conducts research on a global scale for clients
worldwide so that informed decisions can be made. A full description of their
services and specialties is available at their website (www.iiiweb.net).

Web Site = http://www.iiiweb.net/go/legal-services/legal-investigations

Contact Details = International Investigators, Inc.
3216 North Pennsylvania Street
Indianapolis, Indiana 46205
Tel: (317)925-1496
Toll Free: (800) 403-8111
www.iiiweb.net

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