The Biggest News in Loss Prevention: February 22 – 28

We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.

Here’s What You May Have Missed

Nike Heist Network Executes Train Robberies Worth $2M in Premium Sneakers
A series of organized freight train robberies across California and Arizona deserts has resulted in the theft of over $2 million worth of Nike sneakers, including many unreleased models. Federal authorities have made arrests in connection with at least 10 heists targeting Burlington Northern Santa Fe Railway (BNSF) trains, according to court documents and reports from the Los Angeles Times.

Burglars Who Busted Through Jeweler’s Wall Stole $12M in Goods
Four thieves dressed up as construction workers and used drills, power saws, and blowtorches to ransack a jeweler, making off with more than $12 million in luxury watches and accessories.

Digital Partners

Illinois ORCA Releases Video Highlighting the Fight Against ORC
The video underscores the urgent need for retailers, law enforcement, elected officials, and loss prevention professionals to collaborate in the fight against retail crime.

$1.4M in Fake Sports Merchandise Seized by Cincinnati CBP
Ahead of Super Bowl LIX, US Customs and Border Protection officers in Cincinnati seized 85 shipments of over 4,000 counterfeit sports items. Had they been real, their MSRP would have exceeded $1.43 million.

Missouri Bill Targets Organized Retail Theft
A proposed Missouri law recently heard in the state senate suggests cracking down on organized retail theft from businesses, a growing concern nationwide.

Bipartisan Coalition Urges Congress to Take Action Against Rise in ORC
The National Association of Attorneys General sent a letter on behalf of a bipartisan coalition of 38 state and territory attorneys general urging Congress to take action to address the rise in organized retail crime across the country.

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