Crime and the Bottom Line
Companies assaulted by thievery and violence are being robbed of precious profits
CASE HISTORY: MOTEL 6 RAPE The chain paid $10 million to a woman who was raped at this Fort Worth motel and since then has paid millions more to beef up its security. SPENDING ON SECURITY: $36.6 BILLION
CASE HISTORY: LONG-DISTANCE THEFT Telephone companies got stuck for $1.2 billion last year in long-distance calls placed by thieves who had stolen calling-card numbers from consumers or had cracked computerized corporate switchboards. HIGH-TECHNOLOGY CRIME: $3.0 BILLION
THE FUTURE: HIGH-TECH SOLUTIONS Crime-plagued companies are turning to expensive high-tech solutions such as television surveillance of robbery-prone stores and retinal scanners that identify employees as they enter the workplace.
ARSON AND VANDALISM: $9.5 BILLION
EMBEZZLEMENT AND KICKBACKS: $27.2 BILLION
RETAIL PILFERAGE, SHOPLIFTING: $12.6 BILLION
GRAPHIC Picture |c No caption |s Tom Monaster-New York Daily News; Picture |c No caption |s New York Times; Picture |c No caption |s Photo (left): Courtesy of William Smith College; Picture |c No caption |s Pat Carroll-New York Daily News; Picture |c No caption |s John R. Fulton for USN&WR; Picture |c No caption |s AT&T; Picture |c No caption |s Chip Henderson; Picture |c No caption |s Eyedentify Inc.