June 5, 2014 | |||||||||
The LP Industry's #1 News Source - Informing, Educating and Instilling a sense of community |
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News Brief
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Target LP Officer Finds Loaded Gun in Toy Aisle in Myrtle Beach Store - Pressure Mounts on Target to Ban Firearms Michael Bloomberg-backed Moms Demand Action for Gun Sense in America has launched a campaign asking Target to ban the open carrying of guns in its stores just as news emerges out of South Carolina adding urgency to their mission. A loss prevention officer found a real, loaded gun in the toy aisle of a Myrtle Beach branch of Target last Friday night. The gun was in plain view on top of a superhero Playskool toy box when the LP officer found it; he thought it was a toy. He realized it was real after seeing it was loaded with live ammo. The fact that it was found in an aisle geared toward children makes some shoppers feel this was no accident. (Source forbes.com) (Source wmbfnews.com) Burlington Coat Factory Expands Deployment of Corrective Education Company's Restorative Justice Education Program Corrective Education Company (CEC) announced that Burlington Coat Factory will be expanding the deployment of its restorative justice education program to more of its locations. Burlington Coat Factory initially launched the program in four of its high risk locations in January of 2014. Results from the initial pilot program showed significant decreases in both apprehension processing time and repeat offenders in stores. “This is a program that is a win-win for everybody. The Retailer, Law Enforcement and the Offender,” stated James Connelly, Senior Vice President of Asset Protection for Burlington Stores. “I see no reason not to utilize CEC as part of any retailer’s Loss Prevention program.” (Source correctiveeducation.com) AT&T wants to improve payment card fraud prevention with phone geolocation AT&T plans to test a service allowing payment card providers to access the location of a customer's phone to improve the accuracy of fraud prevention systems for transactions made abroad. The service is part of AT&T's Location Information Services portfolio, and allows businesses to access network data to locate a device to authenticate a user's location, helping to protect against potential fraud. For the fraud protection to work, users will first have to opt in, AT&T said. (Source csoonline.com) 0.03% increase in online fraud prevention spend returns a dramatic 8% drop in credit card fraud Fraudulent use of stolen credit cards, the biggest area of online loss, is down by 8% since last year, a leading industry survey has revealed. The results of the survey have shown online fraud prevention spend has increased from 0.3% of sales in 2012 and 0.4% in 2013, to 0.43% this year. As a result there has been a major decrease in shrink in online credit card fraud from 51% in 2013 to 43% in 2014. This is a decrease of 8% from last year’s figure. This link between increased spend and reduced online credit card fraud shows just how the industry is recognising the importance of online fraud prevention. Don Bush from Kount, the UK Retail Fraud Survey sponsor stresses the growing importance of online fraud prevention: “Ecommerce grew a healthy 18% in 2013, cybercrime grew at about 23% in the same period which greatly emphasizes the need for a robust online loss prevention strategy.” Coming soon: The US Retail Fraud Survey 2014. If you’d like to have the opportunity to take part, contact the Survey Director at lynseypage@retail-knowledge.com (Source retailfraud.com)
The Retail Equation Chief Data Scientist David Speights to Present at 25th
Annual ACFE Global Fraud Conference David Speights, Ph.D., chief data
scientist for The Retail Equation, the industry leader in retail transaction
optimization solutions, will present at the 25th Annual ACFE Global Fraud
Conference on June 16 at 1:40 p.m. CT in San Antonio, Texas. In the session
titled “Impact of Big Data Tools on Fraud Identification and Prevention in
Retail Transactions,” Speights will discuss the growing role big data and
statistics play in a retailer’s approach to loss prevention issues and
solutions. According to the recently published ACFE 2014 Global Fraud Study,
survey participants estimated the typical organization loses 5 percent of
revenues each year to fraud. If applied to the 2013 estimated Gross World
Product, this translates to a potential projected global fraud loss of nearly
$3.7 trillion. (Source
theretailequation.com)
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The Shoot
11:30am The nation’s largest alarm servicing network
11:50am
Intelligent security solutions from the world
leader
National Retail Federation Leader's Shooting Schedule
The
NRF’s senior leadership supporting the
1:20pm
Planning Content for the LP industry’s biggest event
1:40pm
Recognizing Achievement and Superior Performance
2:00pm
Leadership & Development Series
2:30pm
The NRF’s Women in Loss Prevention Caucus Committee Efforts
2:50pm
Developing Future Leaders for Tomorrow's Challenges
3:15pm
Leading the way with higher education –
4:00pm
Preparing-Training-Responding to the Active Shooter
Cyber Security’s Increasing Impact on Retail & The Role of Loss Prevention
4:40pm
5:10pm
The Importance of the Public Private Partnership and It’s Impact
5:30pm
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ORC News |
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Fencing Operation Busted: Seven Roanoke store owners to be indicted
Seven Roanoke store owners will be indicted for buying stolen goods and
reselling them. The following stores involved are Pure Station, K&H Grocery,
Toni's Grocery, Community Grocery, P&N Market, Triangle Market, and M&S Stop
Mart. This is part of a year long investigation. Investigators say a group of
shoplifters stole items from stores then resold the products to the seven stores
listed above. According to investigators, that money was used to buy drugs.
Meanwhile, the businesses owners who bought the stolen items then resold them. (Source
wsls.com)
Multi-State Retail Theft Crime Ring Bust in Marion County, Florida Two men arrested for stealing a couple hundred dollars of toiletries from a CVS in Marion County opened up an investigation to a multi-state retail theft crime ring. Willie Willis and Charlie Pitts are thought to be low level players involved in stealing thousands of dollars of household and personal hygiene items and then re-selling them for a lower price. Both men told detectives they have traveled around Central and North Central Florida and parts of South Georgia committing this kind of retail theft. The sheriff's office is currently working with area stores to prevent this crime ring from succeeding. (Source wcjb.com)
Baltimore Man sentenced to 4 years/$210,000 in shoplifting-gift card conspiracy
A Baltimore man has been sentenced to more than four years in prison for his
role in a shoplifting scam in which stolen goods were returned to stores for
gift cards. Forty-seven-year-old Mark Brunelle was also ordered to pay more than
$210,000 in restitution at sentencing Wednesday in federal court in Baltimore.
According to his plea agreement, Brunelle and others stole merchandise from
large retail stores in central Maryland, then returned the stolen items for
store gift cards. (Source
washingtonpost.com)
N.H. Retail Association offers info on organized retail crime; an updated
compilation of N.H. statutes relating to organized theft |
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Loss Prevention News
Network |
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Security Resources
Joe Malone, co-owner of Security Resources, tells us how his
company has grown from a small business in Philadelphia to a national security
firm specializing in security guard and investigative solutions throughout North
America. Licensed and registered in all 50 states, Security Resources utilizes a
partner network of over 700 security companies to address the ever-changing
needs of retailers. In this interview, Joe talks about their industry-leading
process. |
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e-commerce Sponsored by The Zellman Group |
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Criminals seeking more buyers with all-in-one malware
Security researchers have discovered multipurpose malware capable of stealing
payment card numbers from electronic cash registers and data entered in Web
forms through a browser. The piece of Soraya, the malware, that could be used in
attacking retailers' electronic cash registers, called point-of-sale (POS)
systems, scrapes debit- and credit-card numbers from memory after cardholders
swipe their cards at the register. The technique is similar to what was used in
the Target breach that led to the theft of 10s of millions of payment card
numbers during last year's holiday shopping season. Soraya is not related to the
Target malware. A twist in Soraya's memory scraping is its use of the Luhn
algorithm, a formula used to determine which numbers collected are valid payment
card numbers.
(Source
csoonline.com)
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Press Releases |
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NeWave
Sensor Solutions and Cam Connections Partner to Release New Wireless Smart Shelf
at NRF LP Show
Plain City (Columbus), Ohio - June 2, 2014 –
NeWave Sensor Solutions, LLC today announced it is partnering with
Cam
Connections, Inc. to demonstrate its new Smart Shelf system at the NRF Loss
Prevention Expo on June 11 and 12th at the Greater Fort Lauderdale/Broward
County Convention Center. Cam Connections will be exhibiting in Booth 1301. |
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Retail Crime
News Sponsored by NuTech National |
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3 RCMP Officers killed, 2 injured as a manhunt continues for a shooter in New Brunswick, Canada A manhunt is underway after a gunman fatally shot three RCMP officers and injured two others in Moncton, N.B. Police officers walk around a strip mall urging merchants to shutdown their stores in Moncton, N.B on Wednesday June 4, 2014. The RCMP in New Brunswick says an undisclosed number of people have been shot and a manhunt is underway in the north end of Moncton for a man armed with guns. Police are looking for a 24-year-old Moncton man, Justin Bourque. Police tweeted a photo of the suspect dressed in military camouflage and carrying guns. (Source canada.com) Harris Co, TX Deputy shoots Family Dollar robbery suspect A man was in critical condition Thursday morning after a Harris County Sheriff's deputy shot him as he left the Family Dollar store he attempted to rob. The Harris County Sheriff's Department said it would conduct an investigation after a deputy opened fire on a suspect Wednesday night in North Harris County. The shooting happened after the suspect robbed a Family Dollar store on Kuykendahl Road near Ella Boulevard. The Family Dollar store was also robbed May 19. (Source click2houston.com) Police seek suspect in Rocky Mount, NC Walmart robbery Rocky Mount police are looking for a man caught on surveillance video leaving a local Walmart after robbing it Wednesday afternoon. Investigators say the man entered the store, at 1511 Bevenue Road, around 1:50 p.m. and robbed a clerk before taking off. Police said he might be involved in other Walmart robberies in Wake County over the past month. (Source wral.com)
Judge orders Crystal Lake, IL man to 25 years for CVS robbery |
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Kevin Gollner, CFI was promoted to
Vice President & Chief Compliance Officer for Rush Enterprises. Tom Stein, CFI was named Director of Risk Management and Loss Prevention for Areas USA, Inc. Sean Balducci was named Regional Loss Prevention Manager for CVS Caremark Corporation. Paul Votto was named Regional Asset Protection Investigator - NorthEast for Regis Corp. Joaquin Farrell was named Regional Loss Prevention Manager for Gap Inc. |
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The 5 Questions that Successful People Routinely Ask Themselves While
the definition of success is different for everyone, there is one thing
successful people have in common and that is to be better than the previous day.
Forward momentum is key, and asking yourself the big questions can guide you.
Here are some questions you want to ask yourself. (In
the right niche?) | |||||||||
Tip of the Day Sponsored by Vector Security |
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Education is a broad term usually defined by an individual as a
singular focus with an end result that oftentimes stagnates the brain and limits
horizons. Reaching milestones is incredibly important, but keeping your
curiosity and wonderment is the key to reaching beyond. No singular degree or
certification will bring you the success – it merely opens the door to more
learning and the realization that if you don't know something, you go find
someone who does and learn it from them. |
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