Employee Theft (& Dishonesty) Is Not Strictly A Byproduct Of The Economy July 12, 2009

In a news story that broke on Friday, July 10, it was reported that 2 Ohio women were indicted on charges that they stole thousands – even hundreds of thousands – of dollars from their employers. And, apparently, neither of these women were compelled to steal from their employers out of economic desperation; they were both long-term, trusted employees who held well-compensated positions. Rather, it seems that they did so in order to pad their take-home pay, and live above and beyond their means.

I’m sticking to my guns. As I’ve previously opined in “(Another) Report Predicts That Employees’ Breach of Duty and Theft To Rise in Down Economy” and “Study Claims That Employee Theft Rises As Economy Worsens,” it’s not the economy that causes people to steal – it’s a lack of ethics.

Jonathan Cooper is a New York Business Litigation and New York Commercial Litigation Lawyer with a focus on New York breach of contract and New York business fraud claims before the Nassau, Queens, Brooklyn, Bronx, Westchester and Suffolk County courts of New York State. For more information, feel free to contact his Long Island office at 516-791-5700.

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