#organized-retail-crime
(6 articles)Cargo Theft Costs Exceed $1M Annually for 40% of US Companies
A comprehensive survey of 150 U.S.-based loss prevention and organized retail crime professionals reveals an escalating cargo theft crisis that demands immediate strategic response. Forty percent of s
$647K Nike Cargo Recovered After Fraudulent Pickup Scheme
On August 21, an unknown individual executed a sophisticated cargo theft scheme at a Nike facility in Memphis, Tennessee, using fraudulent documentation to authorize the pickup of approximately $647,4
How RFID & Serialization Combat $131M Quarterly Cargo Theft
Organized retail theft represents a structural and growing threat to supply chain operations, with cargo theft reaching $131 million in Q1 alone. This surge underscores a critical vulnerability in sup
CHP Recovers $500K in Stolen Cargo Linked to Organized Crime Ring
The California Highway Patrol's Inland Division Cargo Theft Interdiction Program recovered more than $500,000 in stolen merchandise from a discount retailer in Rialto on July 28, 2024, following a sea
Why Cargo Theft Is Easier Than Expected in Modern Supply Chains
Cargo theft represents a significant and often underestimated security vulnerability in modern supply chains. Despite advances in tracking technology and logistics infrastructure, thieves find it rema
CHP Recovers $2.2M Stolen Cargo in Anaheim Warehouse Raid
The California Highway Patrol successfully executed a search warrant at an Anaheim warehouse on June 18, recovering over $2.2 million in stolen cargo connected to multiple ongoing theft investigations