The Week in Electronics Retail CrimeJuly 17, 2009 By Stephen Silver
Retailers in the U.S. lost $15.9 billion due to employee theft in 2008- more than shoplifing and vendor fraud combined. That's according to National Retail Federation figures released this month and cited by Reuters. The NRF told Reuters that better training and a positive company culture are among the best ways to cut down on theft by employees.
Walmart Theft in Indiana
A trio of thieves were filmed stealing around $500 worth of items- including electronics, tools, and paintball guns- from a Walmart in the West Lafayette, Ind., area. According to the Journal and Courier newspaper, the three men were caught on camera at around 3 a.m. They remain at large, but the surveillance photo was published in the newspaper.
Police Break Up Mass. Theft Ring
Two men were arrested while trying to shoplift from a RadioShack in Nashua, N.H., and are accused of carrying out a series of thefts of electronics stores across the border in Massachusetts. According to the Nashua Telegraph, a large amount of CDs and electronics accessories were found in the suspects' cars. One suspect was charged with a class B felony and misdemeanor charges of receiving stolen property, driving after suspension and disobeying a police officer. The other faces charges of class A felony charge of receiving stolen property and a misdemeanor charge of hindering apprehension.
Walmart Guards Aren't Charged in Death
Security guards at a Walmart in the Kansas City area who struggled with a shoplifter will not be charged in the man's death, the Kansas City Star reported. The man, who went limp during the struggle and later died, both suffered from a heart condition and had used crack cocaine earlier that day, police said.
Best Buy Worker Charged
An employee at a Best Buy in New Hampshire has been arrested and charged with stealing from the store through fraudulent returns and improperly used gift cards. According to TV station WCAX, the 18-year-old employee stole around $7,000 total.