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Organized retail crime (ORC) refers to professional criminal enterprises ranging from regional gangs to international crime rings and other organized crime focusing on retail environments. Operations include truckjacking , shoplifting , smash and grab , cargo theft , and cargo diversion.
"Shrink," or retail theft, is a billion-dollar problem for the retail industry. And unlike the popular culture image of a teen shoplifter looking for a rush, the real culprit is often organized ...
Shoplifting (also known as shop theft, shop fraud, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not usually defined in law, and generally fall under larceny .
The National Retail Federation estimates that retailers lost $40.5 billion to external theft, including organized retail crime, in 2022. That represented about 36% of total inventory losses ...
That was evident in the case of Linda Ann Been, an Oklahoma woman sentenced to more than five years in prison earlier this month for managing an organized theft ring that federal prosecutors say ...
“Florida is a law-and-order state, and we are dismantling organized retail theft rings,” Moody said in a press release. “Now, this group faces our statewide prosecutors and time in prison ...
A California man has been arrested in connection with a massive organized retail theft ring after officials found a warehouse stashed with $5 ... 800-290-4726 more ways to reach us. Sign in. Mail.
Organized retail theft also carries enhanced penalties. According to law blog Criminal Defense Lawyer , a person who commits theft in Florida may be held civilly liable to the theft victim for the ...