We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.
Here’s What You May Have Missed
5 Charged in $20M Theft and Fraud Scheme Targeting Home Improvement Stores
A five-count indictment was unsealed earlier today in federal court charging five defendants for their involvement in a more than two year scheme to fraudulently acquire and resell over $20 million in building and construction materials from stores.
Jewelry Store Owner Suffers Stroke During Smash-and-Grab Robbery
A rally was held Sunday to condemn a violent smash-and-grab robbery in San Jose, California that sent an 88-year-old jewelry store owner to the hospital. Damage to the store is estimated to be between $50,000 and $100,000.
Pair Arrested in $500K Counterfeit Louis Vuitton Bust
A man and woman are facing charges after over $500,000 worth of counterfeit Louis Vuitton merchandise was found at their Miami Gardens home. The investigation began after an investigator spotted an Instagram post advertising the goods.
How Home Depot Uncovered the Biggest Alleged Retail Theft in Its History
The bust last month of an alleged organized retail theft ring in California that Home Depot said was the largest in its history was the result of a corporate investigation years in the making.
Jewelry Store Employee Accused of Stealing Links from Broken $104K Bracelet
A 45-year-old woman was arrested Tuesday on accusations that she stole multiple gold links from a broken $104,500 Cuban link bracelet at the jewelry store she works at in Miami.
Shoplifters Hide in Ceiling After Alleged Theft at Home Depot
Three people are facing charges after an alleged shoplifting incident led to them being found hiding in a ceiling and under a couch in their home.