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I think JD is mostly right re. embezzlement. For 50 years grandfather ran a very successful antique lighting shop. He was a very competent and sharp man. At one point he caught his 2nd-in-command long-time employee stealing from the business. It has been happening for years, in secret. I’m not sure what the total amount was. But he fired him and it was pretty devastating, since this person was highly trusted. My grandfather had helped him with personal expenses and all sorts of things. They were friends.

So yes I can say this is quite common, and oftentimes the embezzlers are quite clever.

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