What Is The Punishment For Employee Theft?

What to do if your employee steals from you?

What to DoMake sure your evidence is strong.

You will probably want to terminate the employee immediately.

Notify the police.

Don’t deduct anything from the employee’s final paycheck.

Don’t discuss the situation with other employees or outsiders.More items…•.

Will I go to jail for stealing money from work?

You will likely get arrested. The company can press charges even if the money is paid back.. Call a lawyer immediately and do not discuss the case with anyone including the employer and police or DA until you have.

What happens if I get caught stealing from work?

If you’re caught stealing from work, the company you stole from could charge you with gross misconduct, can suspend you without pay or can fire you immediately.

Can an employer press charges for theft?

Your employer, like any private individual cannot prosecute you. What they can do is to turn the evidence from their investigation over to the police or FBI. A prosecutor can then choose to bring charges against you for the theft.

Can you dismiss an employee for theft?

It is common practice in the Labour Law field to dismiss employees who have been proven to have committed theft. The cornerstone of the employment relationship is one of trust. It is reasonable to state that when an employer no longer trusts an employee that, that employment relationship should be broken.

What are the consequences of employee theft?

Beyond these economic losses, few studies have considered other non-economic consequences that occurred as a result of employee theft. Lipman and McGraw (1988), however, identified several related costs to society including business failures, lost jobs, higher taxes, and higher prices.

What is considered employee theft?

Employee theft is defined as any stealing, use or misuse of an employer’s assets without permission. The term employer’s assets are important because it implies that employee theft involves more than just cash. In many industries, there are much more important things than cash that employees can steal from a company.

How much can you steal without going to jail?

Punishment for a misdemeanor includes a fine of no more than $1,000 and a sentence of imprisonment of no more than 12 months. If the theft offense involves property valued at more than $500, the crime is punishable as a felony, or as a misdemeanor, at the judge’s discretion.

How much do you need to steal for grand theft?

Laws in many states consider a theft to be grand theft when: The property taken is worth more than a minimum amount, perhaps $500-$1,000 or more. Property is taken directly from a person, but by means other than force or fear. (If force or fear were used, the crime would be robbery.)

Is employee time theft a crime?

What is time theft? Time theft, “time and attendance fraud,” or “time card fraud,” are all terms that describe the same general conduct: receiving pay for hours not actually worked or tasks not actually completed. These are not themselves federal crimes, and there are no specific time theft laws.

How much money do you have to steal to go to jail?

In order to be a felony theft, the value of the property must exceed a minimum amount established by state law, typically between $500 and $1,000. For example, if a state has a $600 felony theft limit, a person who steals a bicycle worth $400 has committed a misdemeanor.

Does an employer have to prove theft?

This is even more important when theft is involved. … While an employer ordinarily bears no burden of proof at trial, the jury will look for the employer to prove an accusation of theft beyond a reasonable doubt. The employee’s first tack in a trial will be to attack the quality of the investigation.