Aligning a Loss Prevention Program with the Lowe’s Customer Experience
EDITOR'S NOTE: Claude R. Verville, LPC, is vice president of loss prevention, safety, and hazmat at Lowe's Companies, Inc. He joined Lowe's loss prevention...
People on the Move: November 2015
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals it may mean reaching...
Credit Card Fraud Scheme Allegedly Used to Support Terrorism
Two pairs of brothers allegedly conspired to raise money through a credit card fraud scheme and deliver the funds to an al Qaida leader...
Cargo Theft Taking Another Bite Out of Retail Profits
When it comes to cargo thefts in the U.S., thieves seem to be showing a hunger for one particular category of retail product—and it’s...
Inventory Shrinkage Costs $123.4 Billion Dollars to Retailers Globally
Inventory Shrinkage: The 2014-2015 Global Retail Theft BarometerNow available on demand by clicking here.Inventory shrinkage costs $123.4 billion dollars to retailers globally, and that,...
eBay’s GAP Team Helps Arrest Vehicle Purchase Fraud Suspects
eBay's Global Asset Protection (GAP) team recently worked with law enforcement in Romania to investigate a vehicle purchase protection (VPP) fraud case. The criminals...
European Migration Crisis Costs Eclipse $1 Billion in Supply Chain Disruption
A recent study reveals that essential shipments of retail goods and medical supplies are being delayed and destroyed as a result of the European...
$300,000 in T.J.Maxx, Marshalls Gift Cards Cloned in Internal Fraud Scheme
The U.S. Secret Service is investigating an alleged internal fraud scheme involving a member of the company’s loss prevention team and a cohort that...
Former Home Depot Employees Sentenced to Prison for Identity Theft
Two former employees of The Home Depot have been sentenced to federal prison for their role in an identity theft scheme that involved stealing...
Let’s “Talk Trash”
"One man’s trash is another man’s treasure" is a popular idiom and an interesting subject. And as it pertains to the thrift store business...