The ex-CIO for Mayer Brown was charged with stealing over $850,000 by continuing to pay a contact after he was told to cancel it. The executive was an investor in the vendor.
ProtectLawyers.com reminds all it’s clients, large and small, that theft by employees can happen in any size firm and is often hard to catch before it becomes sizable. It is also important to realize that not all employee theft insurance covers theft by an officer or partner. Contact us today for a review of your current coverage form.