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
Counterfeit Products Haunt Halloween Sales
Halloween is expected to generate $10 billion in spending in the U.S. alone this year. Consumers beware, though — there has been a significant rise in the number of fake or illegal, unregulated Halloween goods on the market — especially online.
Amazon Finally Announces Support for INFORM Consumers Act
Amazon Vice President of Public Policy Brian Huseman announced in a blog that the retail giant is finally supporting the House version of the INFORM Consumers Act, which aims to prevent the sale of counterfeit and stolen products on online marketplaces.
Virginia Couple Exposed for $31 Million Coupon Scam
A couple in Virginia Beach were exposed for a nationwide scam, where between April 2017 and May 2020, they created and sold fake coupons, causing a loss of around $31,817,997 in total for retailers and manufacturers.
Shooting in Boise Mall Kills 2 and Injures 4
A 27-year-old man fired multiple rounds in a mall in Boise, Idaho, ultimately killing two people and injuring four. The shooter, who ultimately died after the shooting, was previously known at the mall for disruptive conduct and trespassing.
Automotive Council Pleads with eBay to Stop Selling Counterfeit Air Bags
The Automotive Anti-Counterfeiting Council (A2C2), which includes 11 automakers and their brands, is asking eBay to stop selling all supplemental restraint system air bags and components on their site — the only way, they say, to stop the sale of counterfeit air bags.
