Tag: retail fraud
Convenience Store Operator Arrested in $1.6 Million Retail Fraud Scheme
Authorities in St. Petersburg say a convenience store operator is responsible for operating a retail fraud ring involving at least six Tampa Bay area...
Is Return Fraud the fastest growing crime in America?
According to recent research Return Fraud has grown 25% over the last 12 months, making it one of the fastest growing threats in North...
$41,000 Worth of Counterfeit Goods Seized in Puerto Rico
Federal officials from U.S. Customs and Border Protection (CBP) recently seized 10,000 counterfeit dolls in Puerto Rico after the toys arrived in a shipment...
Bullies Don’t Belong in Loss Prevention
Editors Note: As we review some of LP Magazine’s top stories of 2015, this story should serve as an important reminder to every loss...
US Retail Fraud Survey Reveals Employee Theft Major Concern for Retailers
Theft by employees, of both stock and cash, is now among retailers’ top three areas of concern, according to the US Retail Fraud Survey...
Retailers Estimate Holiday Return Fraud Will Cost $2.2 Billion in 2015
Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly. One...
Couple Charged with Identity Theft in $1.3 Million Retail Fraud Scheme
A former Manhattan hospital worker and his wife have been charged in an identity theft scheme after stealing the personal information of hospital patients...
Target Corp. Reaches New Settlement Over 2013 Data Breach
Target Corp. has agreed to pay more than $39 million to resolve class-action claims from financial lenders that suffered losses after the company’s massive...
Large Online Retail Fraud Operation Busted in Florida
State authorities in Florida recently shut down an online retail fraud ring linked to a man's eBay store where he and others allegedly sold...
Online Credit Card Fraud Costing U.S. Consumers $1.8 Billion a Year
The recently released U.S. Retail Fraud Survey 2015 has reported a substantial increase in online credit card fraud. According to the report, credit card...