Over the past few months three of our business clients have submitted employee dishonesty claims to our insurance agency. As economic conditions over the past few years have tightened, the risk of employee theft is becoming more commonplace. The Association of Certified Fraud Examiners has estimated that businesses lost about forty billion dollars during the past year. Small companies are particularly vulnerable because they are not big enough to cover the losses. One in four employees (including executives) who committed fraud against a business had been with their employer more than ten years.