We provide competent theft, fraud and cybercrime training to any large and small retailer and any organization looking to tackle any theft fraud and cybercrime related issues. We have provided training for Management, Law Enforcement, Legal Counsel, Loss Prevention Executives, and Organized Retail Crime Investigators. Theft, fraud and cybercrime laws vary from state to state. Your team should be educated and trained for them to be highly effective in prosecuting these sophisticated 21st century crimes.
Organized Retail Crime * Definition – As Defined by the NRF*
WHAT IS ORC?
ORC is defined as the Theft/Fraud activity conducted with the intent to convert illegally obtained merchandise, cargo, cash, or cash equivalent into financial gain (no personal use), where/when the following elements are present:
- Theft/Fraud is multiples of items
- Theft/Fraud is conducted
- over multiple occurrences
- and/or in multiple stores
- and/or in multiple jurisdictions
- by two or more persons, or an individual acting in dual roles (booster & fence)
Groups, gangs and sometimes individuals are engaged in illegally obtaining retail merchandise through both theft and fraud in substantial quantities as part of a criminal enterprise. These crime rings generally consist of “boosters” – who methodically steal merchandise from retail stores – and fence operators who convert the product to cash or drugs as part of the criminal enterprise. Sophisticated criminals have even found ways to switch UPC bar codes on merchandise so they ring up differently at checkout, commonly called “ticket switching.” Others use stolen or cloned credit cards to obtain merchandise or produce fictitious receipts to return products back to retail stores.
Precise measurements of the true scope of this problem are difficult to determine given the inherently secretive nature of these criminal operators. According to Congressional testimony and industry experts, ORC losses total an estimated $40-50 billion annually.
In many instances, organized retail crime groups target several retailers in one day moving from state to state stealing and reselling merchandise. These groups often steal thousands of dollars worth of merchandise at a time with the intent to resell it for profit, buy drugs or fund terrorist/illicit activities.