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Return Fraud

loss prevention statistics
Aug 6, 2019 | General News

When you view loss prevention statistics, it is clear theft poses a major issue for all companies, regardless of size. Armed with knowledge and modern technology, catching internal and external theft is easier than ever. But first, you must face the facts. The Big Picture In today’s competitive business...Read More 

Return Fraud

organized retail crime
Nov 19, 2018 | General News

What is Organized Retail Crime (ORC) In a concise definition, “organized retail crime involves the association of two or more individuals engaged in illegally obtaining retail merchandise, data, and/or other resources in substantial quantities through both theft and fraud as part of an unlawful commercial...Read More 

Return Fraud

Sep 20, 2018 | General News

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 

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