The former manager of Mount Zion Self-Storage in Mount Zion, Ill., was arrested in February under suspicion of stealing $117,000 from the business during a five-year period. The embezzlement estimate has since ballooned to as much as $1 million because investigators believe suspect Tamme R. King took cash payments for storage units as well as rental properties, and deposited the money into her bank account.
There are several ways self-storage owners can protect their operations against employee theft, from understanding what drives workplace crime to conducting audits, examining reports and other strategies. Let us know how your business watches money flow and control in this new Inside Self-Storage poll.
