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The Biggest News in Loss Prevention: March 9 – 15

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

A California mom is accused of orchestrating a nationwide shoplifting scheme that stole millions of dollars’ worth of makeup and clothing from hundreds of stores for more than a decade, according to the California Department of Justice.

Nearly $160K in Counterfeit Trojan Condoms, BiC Lighters Discovered in Undercover Operation
The bust of a counterfeit goods operation in northwest Harris County, Texas resulted in two arrests and the recovery of $158,406 worth of counterfeited Trojan condoms and potentially hazardous BiC lighters, Harris County court records reveal.

3 Charged in $2M Counterfeit Merchandise Raid in Georgia
Peachtree, Georgia Police recovered upwards of $2 million in counterfeit designer merchandise and shut down a local retailer, Cool Beans, after a March 6 raid.

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Florida Governor and Attorney General Take Action to Eliminate Retail Theft
Florida Governor Ron DeSantis and Attorney General Ashley Moody are taking action to eliminate retail theft in the Sunshine State.

Shipment Containing $11M Worth of Counterfeit Designer Watches Seized in Louisville
Customs and Border Protection officers in Louisville seized a shipment containing 35 fake Richard Mille watches estimated to be worth $11.7 million.

Refund Fraud Schemes Costing Amazon and Other Retailers Billions
Refund fraud groups, organized like businesses, are exploiting lenient refund policies, robbing retailers of billions of dollars, experts told CNBC.

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