Safeguards Against Embezzling
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Embezzling is not a fun topic. Just the notion that somebody might be cheating—or will do so in the future—is not a comforting thing to consider. It falls in the same category as drafting a prenuptial agreement, filling out your living will before surgery, or making your parents sign a note before loaning them money.
If it helps, think about your honest employees, clients, and vendors. For that matter, think about those close to you who depend on your livelihood. You might be willing to operate entirely on “trust” (as if that is antithetical to safeties), but you may not have the right to make that decision for the other affected parties. In other words, by not instituting anti-fraud policies, you could be hurting more than just yourself.
