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Member, Beacon International Group, Ltd.
A survey by U.K.-based office furniture shop Kit Out My Office has found that theft by employees cost British businesses over £190 million ($278 million) per year, Business Matters reported.
Around 67% the survey respondents confessed to have stolen from their workplace. About 73% of the respondents said they had never been caught stealing from the office. Of the remaining 27% that were caught stealing, 51% said they got away with it without any penalty, while 36% received a warning. The remaining 13% said they lost their job due to the theft.