Recession, Employee Fraud – A Dangerous Combo

Law360, New York (June 29, 2009, 12:00 AM EDT) -- Our current economic climate has become a breeding ground for employee theft. A recent study conducted by the Association of Certified Fraud Examiners (ACFE) found that employee fraud has risen in the last 12 months and that financial pressures were the biggest contributing factors to committing fraud.

While we may have potentially seen the worst of the recession, its effects are still being felt — and any schemes employees might have orchestrated when their financial outlook seemed grim may still be in place. That is why...
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