According to a National Retail Security Survey, $19.5 billion was stolen in 2006 from American retailers by their own employees.

Almost 1/2 of all retail loss is due to employee theft. 33% of loss was due to employee shoplifting, 14% accounted for administrative errors, and 4% was lost because of vendor frud.

The University of Florida helped the National Retail Federation conduct the study.

Contact Every Angle if you are experiencing or want to prevent employee theft.