Tag: organized retail crime
HSI and ACAMS Release New Report on Organized Retail Crime
The report, “Detecting and Reporting the Illicit Financial Flows Tied to Organized Theft Groups and Organized Retail Crime,” highlights red flags associated with organized theft groups.
RILA Execs Talk Leading the Push for Organized Retail Crime Legislation
Three executives from RILA explained how their organization is working with retail members to push for federal and state legislation that would increase penalties for ORC.
Human Trafficking and ORC: The Dark Truth behind Retail Crime Networks
The FBI estimates that ORC crimes cost the US approximately $30 billion each year, with a large percentage of that money funding other, darker criminal activities.
Prioritizing People’s Safety Amidst Organized Retail Crime
Beyond debate over definitions and dollars lost is the lived experience of customers and store workers being victimized in violent store takeovers.
Homeland Security Investigations’ New and Active Role Against Retail Crime
Homeland Security Investigations (HSI) employs a very focused approach to ORC investigations, both domestically and abroad.
Addressing the Scourge of Organized Retail Crime
Nobody has a definitive estimate of the dollar impact of ORC, but retailers will tell you that it has a major impact not only on their fiscal bottom line but also on the safety of store associates and consumers.
A Perfect Storm for Organized Retail Crime
We recently met with leaders from CVS Health, Rite Aid, and Walgreens who are directing the efforts against ORC to get their insights into the current challenges.
Illinois Man Guilty in $20 Million ORC Enterprise
According to court records, Artur Gilowski operated a criminal enterprise that involved co-conspirators stealing tens of thousands of retail products valued at over $20 million.
Ohio Senate Passes Legislation Combatting ORC
The Ohio state senate has passed bill HB 272, which closely mirrors the INFORM Consumers Act, federal legislation that would require online marketplaces to verify high-volume third-party sellers.
What Is Organized Retail Crime?
Organized retail crime involves two or more persons obtaining retail merchandise through theft and fraud as part of an unlawful enterprise.