employee theft

(Newser) - A Boston stylist who billed himself as the city's "Fashion Whisperer" is now at the center of a six-figure fraud case involving Saks Fifth Avenue. Prosecutors say longtime Saks employee Suhail Kwatra quietly siphoned more than $400,000 from the luxury retailer by manipulating returns, gift cards, and...

(Newser) - Last year the number of identity theft victims in the US jumped 12%, while the number of Internet-related fraud cases went up 23%. But the problem isn't just hackers, say experts: In many cases, we're exposing our private data to anyone and everyone who knows where to look. Atlanta officials...

(Newser) - Employee fraud, which accounts for a large and growing chunk of the total $36 billion a year the retail industry loses to theft, is increasingly taking the form of gift cards: easy to walk out of a store with, and easy to redeem without showing ID. With overall employee theft...