CRIMES AGAINST BUSINESS - A MANAGEMENT PERSPECTIVE PROCEEDINGS OF SEMINARS HELD IN NEW YORK, N Y, APRIL 23, 1976

• NCJ Number: 44580
• Author(s): ANON
• Date Published: 1977
• Length: 201 pages
• Sponsoring Agency: US Dept of Commerce; New York City Chamber of Commerce and Industry
• Corporate Author: US Dept of Commerce
• Sale Source: Superintendent of Documents, GPO
• Publication Type: Conference Material
• Language: English
• Country: United States of America

Annotation

STATEMENTS MADE AT A SEMINAR ON CRIMES AGAINST BUSINESS DISCUSS THE MAGNITUDE OF THE PROBLEM, THE FORMS IT CAN TAKE, AND SOME SUGGESTED METHODS TO DETECT AND COMBAT IT.

Abstract

IN 1975, CRIMES AGAINST BUSINESS NETTED $23.6 BILLION, MORE THAN THE NATION'S THREE LARGEST RETAILERS COMBINED. LOSSES FROM THEFT BY EMPLOYEES ACCOUNT FOR 50 TO 85 PERCENT OF INVENTORY SHRINKAGE. MANAGEMENT INITIATIVE IS SEEN AS VITAL TO THE PREVENTION OF SUCH CRIME. BUSINESSMEN SHOULD PLACE GREATER EMPHASIS ON PREVENTIVE SECURITY, IMPROVE MANAGERIAL PERFORMANCE BY SETTING A GOOD EXAMPLE, AND ESTABLISH OPERATIONAL PROCEDURES THAT MAKE CRIME UNATTRACTIVE AND UNPROFITABLE. SPECIFIC AREAS OF CONCERN WHICH ARE EXAMINED INCLUDE MANAGEMENT SECURITY POLICY; THE PROTECTION OF EXECUTIVES AGAINST THE UPSURGE OF KIDNAPPING; THE JURISDICTION AND ROLE OF THE U.S. ATTORNEY'S OFFICE IN REDUCING CRIME LOSS; AND THE IMPORTANCE OF MANAGERS' COOPERATION IN PROSECUTING CASES. METHODS OF PREVENTION OF SECURITIES FRAUD -- EFFECTIVE HIRING PRACTICES, KEEPING ACCURATE RECORDS, SCREENING EMPLOYEES THROUGH THE USE OF FINGERPRINTING AND POLYGRAPH TESTS, CUTTING DOWN THE FLOW OF CERTIFICATES BETWEEN OFFICES, AND ESTABLISHMENT OF A COMPANY SECURITY DEPARTMENT -- ARE PROPOSED. A BRIEF DISCUSSION AND EVALUATION OF SECURITIES LAWS AND REGULATIONS IS PRESENTED. THE VARIOUS FORMS OF COMPUTER RELATED CRIMES, SUCH AS IMPROPER INPUT, THEFT OF THE MASTER FILE, SABOTAGE, THEFT OF COMPUTER USAGE, AND THEFT OF PRINTOUT ARE DISCUSSED WITH METHOD OF PREVENTION, DETECTION, AND CORRECTION. WAYS FOR MANAGERS TO CONTROL THEIR INTERNAL AND EXTERNAL LOSSES ARE DESCRIBED, INCLUDING SCREENING OF EMPLOYEES, USE OF UNDERCOVERS, CLOSE SUPERVISION, A POLICY OF PROSECUTION, USE OF PHYSICAL SECURITY CONTROLS (FENCES, LIGHTING, ETC.), AND AN AUDIT PROGRAM. THE PREVENTION OF EMBEZZLEMENT, APPLICABLE LAWS, SECURITY MEASURES, AND CASE HISTORIES ARE DISCUSSED. THE FINAL SECTION DEALS WITH THE REDUCTION OF CREDIT RELATED LOSSES. AN APPENDIX LISTS ATTENDEES OF THE SEMINAR.