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Fraud Prevention Blog

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