Tag: fraud
Romanian Nationals Indicted in Skimming Scheme; Accused of Stealing $42k
Two Romanian nationals were indicted by a federal grand jury in Virginia Wednesday and charged with bank fraud, debit card fraud, and aggravated identity...
Five Indicted for Conning Shoppers out of Nearly $800,000
Members of a fraud ring were charged with compromising Target's internal gift-card system and defrauding customers out of almost $800,000. A federal grand jury...
NRF/University of Florida Survey Says Retail Shrink Decreased to $46.8 Billion in 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes.
Employee Convicted of Charging $514K on Boss’ Credit Cards
A federal jury has convicted a Newport News, Virginia, woman on fraud and tax charges after prosecutors said she charged over a half-million dollars...
Retail Data Analytics: A Straightforward Breakdown of Types and Sources
Preliminary analysis of how LP teams are using data analytics suggests it is being used in at least three ways, based on the type of analysis being performed, the frequency with which it is done, and the type of employees using it.
Integrating Analytics in Loss Prevention
The ability to assess patterns in data, measure loss prevention programs, and make decisions in real time is fundamental in solving complex issues related to customers, sales, and loss.
