Business crimes cost Florida firms $27.4 billion a year.

Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News)

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COPYRIGHT 2004 The Miami Herald

Byline: Ina Paiva Cordle

Nov. 24--Workplace crime costs Florida businesses a whopping $27.4 billion a year, more than employers spend on office space, a new study found.

And savings from a reduction in business crime could be used to boost employment or allow more companies to offer benefits such as health insurance, according to the report issued Tuesday by Attorney General Charlie Crist and a coalition of crime prevention advocates.

The report, the first to quantify the price tag of business offenses, is part of the launch of "Safe at Work,"...

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