I think cash is good option...or else give small gold coins..Gold can be a long term gift for the employees...day by day the prices of gold is increasing so they can keep with themselves as investment or they can sell it also.

No doubt the investigation should carried out and manager should take necessary legal action against this person. But at the same time the HR head should try to find out "why people do such kind of things?"
If a person is working in your organization for last 25 years and is one of the trusted officer, than why he changed suddenly...there must be sohme reason for his changed behaviour. He is in need of money on urgent basis for some personal reason. It is also possible that initially he was honest but later on he feels that there is no appreciation in his organization for his honest behaviour. He may be influenced by dishonest people in organization. HR head should find out the real reason for this.
I think Honest Communication and job rotations can solve such problems to some extent... Thank you

thnk you...)

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