Tag: retail fraud
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...
Price Chopper’s Asset Protection Uncovers $435,000 Credit Card Fraud Scheme
A citizen of Guyana has admitted to her role in a wide-ranging scheme to use counterfeit credit cards at stores throughout the Northeast, including...
Employees Must Prepare for New Types of Credit Card Fraud after EMV Rollout
October 1 marked the credit card industry’s ‘soft deadline’ by which U.S. retailers should have transitioned to Europay, MasterCard and Visa (EMV) chip-enabled card...
Employees Must Prepare for New Types of Credit Card Fraud after EMV Rollout
October 1 marked the credit card industry’s ‘soft deadline’ by which U.S. retailers should have transitioned to Europay, MasterCard and Visa (EMV) chip-enabled card...
Loss Prevention Enjoys a Week in Charleston
Charleston, South Carolina was the place to be for loss prevention leadership last week, with back-to-back-to-back meetings that supported the Retail Industry Leaders Association...