Tag: Fidelity Bond

Fidelity Bonds

Employee Dishonesty Bonds—also known as Crime Bonds—are used by business owners to guarantee money, securities, and property against loss caused by employee dishonesty such as embezzlement. While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to cause the company loss....