Credit card fraud is a common type of criminal activity in the retail setting that involves the use of credit cards as the form of tender to obtain goods or services, and typically originates with the theft of the actual credit card or the account number. If a credit card Read More
Tag: inventory barcode system
According to industry surveys as well as industry buzz, it’s one of the hottest technologies in the retail loss prevention industry, with users swearing by it and companies spending hundreds of thousands of dollars to implement it. What is all the excitement about? Online POS exception reporting systems.
“Exception reporting” is Read More
Dan Provost, LPC, is vice president of global loss prevention for Staples. His retail career began more than 25 years ago as a store manager in a small-box retailer. Provost has served in various roles since that time with ToysRUs and is currently approaching his sixteenth year of service at Read More
Theft by employees, of both stock and cash, is now among retailers’ top three areas of concern, according to the US Retail Fraud Survey 2015.
The Survey reveals that alongside online fraud and return fraud, internal theft is a major area of concern for retailers and the biggest area of store Read More
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 are believed to be involved in a massive gift card fraud operation at Washington, D.C.-area T.J.Maxx and Marshalls stores.
The former employee, who has not yet been Read More