A recent survey shows 80 percent of embezzlements occurred at small businesses. The latest statistics on fraud should send a big jolt of fear into small business owners. According to a 2016 embezzlement survey by HISCOX, a specialty insurance company, 80 percent of embezzlements occurred at small businesses — defined as those with less than 150 employees — and 30 percent of embezzlements involved a loss of more than $500,000.    (Source: Entrepreneur.com, article by Ken Springer of Corporate Resolutions) Read more.