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	<title>New York Business Litigation Attorney &#124; New York Breach of Contract Attorney &#187; breach of fiduciary</title>
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		<title>(Another) Report Predicts That Employees&#8217; Breach of Duty and Theft To Rise in Down Economy</title>
		<link>http://nysmallbusinessattorney.com/another-report-predicts-that-employees-breach-of-duty-and-theft-to-rise-in-down-economy/</link>
		<comments>http://nysmallbusinessattorney.com/another-report-predicts-that-employees-breach-of-duty-and-theft-to-rise-in-down-economy/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 01:56:48 +0000</pubDate>
		<dc:creator>Jonathan Cooper</dc:creator>
				<category><![CDATA[Trade Secrets]]></category>
		<category><![CDATA[breach of fiduciary duty]]></category>
		<category><![CDATA[employee theft]]></category>
		<category><![CDATA[unfair competition]]></category>
		<category><![CDATA[breach of fiduciary]]></category>

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		<description><![CDATA[I came across earlier this evening entitled &#8220;Report: Business Risk of Fraud, Corruption Up Amid Economic Crisis,&#8221; which, true to its title, squarely blames the global economic recession for an uptick in employee theft, corruption and dishonesty in the business environment. A careful reading of the article reveals that the holes in the argument advanced [...]]]></description>
			<content:encoded><![CDATA[<p>I came across earlier this evening entitled &#8220;<a href="http://http://www.csoonline.com/article/496288/Report_Business_Risk_of_Fraud_Corruption_Up_Amid_Economic_Crisis">Report: Business Risk of Fraud, Corruption Up Amid Economic Crisis</a>,&#8221; which, true to its title, squarely blames the global economic recession for an uptick in <a href="http://www.jonathancooperlaw.com/blog/study-claims-that-employee-theft-rises-as-economy-worsens.cfm">employee theft</a>, corruption and dishonesty in the business environment. A careful reading of the article reveals that the holes in the argument advanced by the author are large enough to drive an 18-wheeler through it, however.</p>
<p>First, and as a threshold matter, the article does not even <em>attempt</em> to prove &#8211; scientifically or otherwise &#8211; a link between the economy and a <a href="http://www.jonathancooperlaw.com/practice_areas/small-business.cfm">breach of fiduciary duty</a>.</p>
<p>Ironically, the prime example cited by this article - a crackdown on wealthy companies who engaged in <a href="http://www.jonathancooperlaw.com/practice_areas/small-business.cfm">unfair competition</a> by paying out hundreds of millions of dollars in fines for illicitly attempting to secure lucrative oil contracts through bribes &#8211; does not support its theory that theft and dishonesty are being perpetrated by the desperate.</p>
<p>In short, as noted in my earlier blog post &#8220;<a href="http://www.jonathancooperlaw.com/blog/study-claims-that-employee-theft-rises-as-economy-worsens.cfm">Study Claims That Employee Theft Rises as Economy Worsens</a>,&#8221;  it seems that people are looking for a convenient scapegoat for unethical behavior when they should be looking in the mirror.
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