Identity Resolution Daily

silive.com: Shoplifters turn to the Internet for easy cash

“LaRocca, the National Retail Federation official, said the amount of cash stores recover from civil actions is minimal compared to the costs to protect their goods. So, it’s no surprise merchants want to get back whatever they believe they are entitled to. ‘Retailers should have a right to collect the damages from people stealing from their stores,’ he said. ‘As a consumer, you and I pay for these losses in prices charged in retail stores.’”

The Monitor: Allstate alleges fraud at Valley chiropractic clinics

“One of the nation’s top insurers has sued a group of Rio Grande Valley chiropractic clinics and lawyers over their alleged involvement in a multimillion-dollar fraud ring. . . . ‘Individuals who conduct fraud generally do so because they think that they are digging into the deep pockets of a big insurance company,’ Mellander said. ‘But the reality is they’re not. They’re stealing from you and me.’”

Fraud, Phishing and Financial Misdeeds: OCCRP reports on Eastern European/Eurasian organized crime

“Eastern European/Eurasian organized groups seem to have their hands in a wide variety of organized criminal activity. They are often mentioned when referring to anything from auction fraud to payment (credit/debit) card skimming and computer crimes.”

Homeland Security Watch: REAL ID Showdown Averted?

“DHS granted an extension on Friday to the state of Montana so that it can comply with the REAL ID Act. The only thing is that Montana never asked for an extension. Montana governor Brian Schweitzer made news over his intention to defy the law passed by Congress in 2005. Schweitzer is leading a charge (joined by Maine, South Carolina, New Hampshire, and Oklahoma) to oppose the REAL ID Act and any efforts by DHS to impose penalties for non-compliance.”

RetailWire: Theft Hits Retail in the Bottom Line

“The risk of retail theft has only grown with the introduction of higher priced items in categories such as smoking cessation, OTC analgesics and allergy, electronics, razors, cosmetics and perfumes. The percentage product loss between manufacture and point of sale, or shrinkage, is about two percent of sales and higher. While that may sound low, it means the loss of $31 billion due to theft. What can retailers and manufacturers do to address retail theft?”

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This entry was posted on Monday, March 24th, 2008 at 12:07 pm and is filed under Insurance Fraud, E-fencing, Retail, ORC, Organized Retail Crime, Daily Link Posts, National Security, Federal Government, Loss Prevention. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.