Bleached bills. Bleached notes. Fake money. Counterfeit currency. Whatever you call it, it’s fraud and it’s popping up with alarming frequency in 2018. Over the past six months, individuals have been arrested in connection with counterfeit money in Florida, Illinois, Indiana, Iowa, Kentucky, Maryland,...Read More
From Simple to Advanced It happens to most retailers almost every day and it’s generating staggering losses. Losses from annual merchandise return fraud are estimated at $17.6 billion dollars* each year.The methods of return fraud can vary from basic fraud using on-site merchandise and receipts to...Read More
DIGIOP, a software development company specializing in video and data solutions for retail and hospitality loss prevention, has added Jim Close as DIGIOP’s new Director of Loss Prevention. Most recently Managing Partner of Risk Management Services Loss Prevention (RMSLP) in Chicago, Close has over...Read More
As a Loss Prevention expert, I’m fortunate to be able to spend a great deal of time teaching sales associates how to spot the warning signs of shoplifting and theft. (Including during the upcoming Loss Prevention seminars in Illinois, Indiana, and Ohio.) Working in their stores, side-by-side with...Read More
DIGIOP, a retail loss prevention company, will sponsor three (3) loss prevention seminars in three Midwest cities: Indianapolis, Chicago, and Cincinnati in the fall of 2018. The interactive and practical day-long seminar is focused on hardware store owners and managers who want to decrease loss in their...Read More
Most retailers lose sleep over shoplifting losses. Studies estimate that it costs U.S. retailers as much as $50 billion dollars each year. With the recent trend of police department’s decreased response to “low-level” crime, that number is sure to increase. So what can you do to combat this...Read More
For many retail business owners, the new landscape of video surveillance cameras can be confusing. A core decision is to choose between HD-Analog or IP. Each security vendor has their favorite and seem to push you toward one choice or the other. What’s the right choice for your business and budget?...Read More
Do you have a set schedule for bank runs? Do your sales match your deposits every day? Are all of your employees on the same page when it comes to handling cash? If you answered no to any of these questions, your store has the perfect loopholes to allow someone to steal cash. You can protect your store...Read More
Are you missing inventory regularly? Are your books not adding up? Are there lunches missing from the break room? Well you may have employee theft in your business. Whatever the sign, employee theft takes your money and your peace of mind. One recent study through the Harvard Business School estimated...Read More
You’ve looked at hundreds of resumes, conducted several rounds of interviews and now you believe you’ve found the perfect person for your company. But are they really perfect?? So many business owners fail to complete a full background check on candidates or confirm their credentials. It can be...Read More
It’s the first day of employee training for your store. You’ve made several employee handbooks, and you’ve thought of everything your workers need to know… right? Or is there something that is missing? We made a list of subjects that are often left out of employee handbooks—does your handbook...Read More
Counterfeit currency, or any currency that has been altered or reproduced and represented as legal tender is a large concern to many store owners. As of August of 2017, roughly $147 million worth of counterfeit money was in circulation, predominately in $20 and $100 bills. Often, these bills can be identified...Read More
