Fraud Prevention Blog

Beware of Return Fraud - Especially during the Post-Holiday Season

Posted by Stephanie Cho on Mon, Jan 11, 2016 @ 09:53 AM

For most, the start of a new year is a time to reflect on goals and positive changes. It is when people take the time to plan out what should and needs to get done for the next 365 days – or for the next 366 days on leap years, just like this year. Unfortunately, for retailers, as desirable as it is to set aside sufficient time to forecast and plan for the next 52 weeks, they often do not have this luxury. Because in the retail world, the beginning of each year simply means that they are in the midst of the holiday returns season.

Topics: retail fraud, organized retail crime, fraud, return fraud

Organized Retail Crime Prevention - Know Your Employees

Posted by Sean Trundy on Thu, Mar 22, 2012 @ 09:41 AM

At the heart of many acts of fraud lies the intentional misrepresentation of identity.  When ORC crime rings are attempting to infiltrate your company with “inside” employees, often the first, best step to take to prevent this from happening is to authenticate the ID document(s) presented by the individual.

Topics: I-9 compliance, ID Verification, organized retail crime

Organized Retail Theft Targetting Baby Formula

Posted by Sean Trundy on Wed, Mar 21, 2012 @ 09:25 AM

Every year, retailers lose between $15-30 billion from Organized Retail Crime (ORC).  It may sound like a problem found only in the movies, but if you’re a retailer of any sort, chances are good that you’ve been a target of this sophisticated retail theft.  In fact, the National Retail Federation reported that over 90% of retailers were targeted in 2011 alone. 

Topics: organized retail theft, organized retail crime