Asset tracing is the process by which investigators "follow the money." Mainly assets tracing is defined as financial Investigation. In asset tracing we asset the subject, examine the revenue that is generated by criminals and follow its trail. In corporate cases asset tracing plays an important role. Employee theft has many forms such as fraud, bribery, corruption and money laundering. To solve the employee theft some major process is to be taken during investigation. We helped many corporate sectors in solving their employee theft cases. With our case study and experience we would like to share some points which are important so that you can understand that compromising with these types of cases would be very risky.
There are various types of theft by an employee offence in corporate cases. In these type of cases person is accused of obtaining money or property by deception. According to our constitution, under the Theft Act 1968 or the Fraud Act 2006, the person involved can face serious consequences. Some of the form of theft are- Embezzlement which involves a person in a position that he can steal money or property for their own benefits. Another is most common strategy used is signature forgery it is mostly done by the most trusted employees. Third is payroll fraud in which duplicate employees are created and money is stealing on the name of them. The last but most sensitive is data theft in which the company's most sensitive information's are sold for the money.
What are the reasons an employee steal? There are various reasons an employee does stealing. They are- Firstly it may be their own greed, another can be the blind trust every company does on their employee which can also be the reason to steal. Third is the case of addicted of gambling or drug use. Last can be to take revenge if they are punished or underappreciated by the company head or any senior employee.
To conduct theft proper planning and strategy is required. At our detective agency in Delhi we have well trained and experienced employee who solve the case and provide proper evidence and proof for the company so that we can have proper proof for employee termination.