The main cause of retail theft are employee theft and shoplifting. This paper focuses on employee theft in the retail industry in United States. Employee theft and shoplifting is a form of behavior that takes great contribution to retail theft or shortage. Every year, United States companies lose a lot money included inventory losses because of human error, dishonest employee, vendor fraud. Employee theft is a form of behavior that greatly contributes to retail shrinkage. Each year, U.S. companies lose about $36 billion to shrinkage. (Patrick K., 2013). Shrinkage refers to inventory losses caused by shoplifting, employee theft, merchandise being misplaced or damaged, and manipulation of book keeping. Although shoplifting may receive more attention,…
Julianna Cox Mrs. Templar Art and Music Appreciation 11/06/2017 Writing Assignment: Art Theft Art theft is more common than you think. According to the FBI, art and cultural property crime can include theft, fraud, looting, and trafficking across state and international lines. This type of crime can happen virtually anywhere at any given time. Many agencies have vowed to bring an end to the common crime of art theft. The United States Federal Bureau of Investigation (FBI) recently dedicated…
Theft is the action or crime of stealing. I ,myself, have committed an act of theft. In this paper I am going to summarize the effects of what theft does, different types of theft, specific acts of theft, and how to prevent theft. Theft is a very real topic and goes on every single day in our society. In the year 2012 there happened to be nearly eighty five thousand accounts of theft in the united states. There are a large number of different kinds of theft including the following:…
Theft in anyway has always been unethical in any human environment. Employee theft especially can have a huge effect on any business, corporation, establishment, etc. Theft acts as a cost directly incurred by an organization, employees playing the key variable in theft, can steal money, products or time. Theft can occur at any level of a business from the cashier that is still in high school to the CEO of the company. Theft is something a business wants to diminish as much as possible,…
Identity Theft, a Real Issue. In recent years, the technological revolution has allowed humans to simplify their daily life. And that is almost because of the discovery and the improvement of the internet. In fact, previously, people had to fulfill a number of tasks to accomplish a particular duty. For instance, to buy clothes, food, or to book concert tickets, they had to go to the place of sale to get served, even though the distance was far away. But today, it’s no longer necessary. With just…
Identity theft and credit fraud seem to be a common dilemma in our society. After looking over the PowerPoint and doing research, I learned that identity theft can have more negative impact on your life than credit fraud. When your credit card is stolen, all a thief can do is max the card out or open another account. If you’re a victim of credit fraud, sometimes the credit card company alerts you of any unauthorized purchases or unusual spending amount, which prevents further damage from…
On April 18, 2018 at approximately 1831 hours, I was dispatched to the Walmart located at 8701 US HWY 19 Port Richey, FL in reference to a retail theft. Upon my arrival, I made contact with Walmart Loss Prevention Associate, Steven Uliano. Steven advised a W/M had shoplifted from the store and left with the stolen merchandise in a dark colored Ford F-250 pickup truck prior to my arrival. Steven advised the W/M had selected 3 items of merchandise from the store sales floor valued at $419.50.…
INTRODUCTION: This case involves the suspects accessing the victim’s bank account, by unknown means and stealing US currency in violation of PC 530.5(a)-Identity Theft. LOCATION DESCRIPTION: This incident occurred at the Bank of America, located at 880 E. Colorado Boulevard. LOSS: $400.00 in US currency. EVIDENCE None. INVESTIGATION: On 06-12-17 at 2018 hours, I was dispatched to the Pasadena Police Station regarding an identity theft investigation. Upon my arrival, I met with…
Through out history many people have stolen valuable art, and the majority of art thefts have been caught. Many people wonder what makes art so valuable. Well there are many reasons to why art is viewed as one of the most valuable objects in the world. One of the most famous art heists was when an employee from the louvre walked into the museum and walked out with Leonardo da vinci’s “Mona Lisa” On august 21st, 1911, a former Louvre employee, Vincenzo Peruggia, committed on of the most famous…
probably heard of identity theft. Identity theft is crime in which a person collects key pieces of personal information, such as your name, date of birth, address, social security, and maybe even your mother's maiden name to impersonate someone else. This key information can lead to many fraudulent acts. Some examples are obtaining credit cards and loans in someone else's name and then not paying the bills, opening utility accounts, renting an apartment or hotel, getting a cellular phone, and…