Loss Prevention & Safety Recruiters Since 1983

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FRIDAY FOCUS
Coming May 13:
Doug Marker
Vice President, LP, Risk and Audit,
Michael Stores, Inc.

Coming May 20:
Paul Jones
Head of Global
Asset Protection,
eBay, Inc.

LP Program Spotlight
eBay's PROACT Team

Know about an event we should feature here? Let us know.

NOW UNDERWAY:
University of Florida
Security Research Project

Sr. LP Executives can email rhollin@ufl.edu for NRSS Survey

May 11-13, 2011
International Anticounterfeiting Coalition
2011 Annual Spring Conference
The St. Regis
San Francisco

August 7-10, 2011
National Food Service Security Council
32nd Annual Meeting
Hyatt Grand Champion
Indian Wells, CA

October 4-6, 2011
CLEAR/Coalition of Law Enforcement and Retail
2nd Annual Training Conference
Peppermill Resort/Casino
Reno, NV

Eric Chase has been promoted to Senior Director of Loss Prevention at RadioShack with both of his Area Loss Prevention Directors, Aaron Rogers and James Peterson, being promoted to Divisional Loss Prevention Directors as well.  With their mobile kiosk growth in all of the Target stores, they plan on adding more Regional Loss Prevention positions in the near future.

The two owners and one operator of the downtown Los Angeles jewelry store, Elegance Fashion Mart, were sentenced yesterday to 37 and 30 months in prison for selling counterfeit jewelry which also contained hazardous levels of lead.  ICE agents seized more than 25,000 counterfeit pieces of Chinese-made jewelry and accessories that, if genuine, would have been worth more than $18 million.  (Source lawfuel.com)

In a separate case, another Los Angeles man pleaded guilty yesterday to trafficking in counterfeit goods and bringing more than 2,000 bogus Ab Circle Pro machines into the U.S. with a retail value of $650,000.  (Source lawfuel.com)

Canadian authorities say that the counterfeit industry in Canada has grown "tremendously over the past few years, rivaling the illegal drug trade in its size" and costing $30 billion annually to the economy.  (Source cbc.ca)

Whole Foods has sufficient operating capital "to grow as fast as we want to grow" according to their co-chief executive officer John Mackey and they told analysts their goal is 1,000 stores. (Source supermarketnews.com)

Whistleblower investigation leads to the CEO of CompUSA and the founder of TigerDirect to resign and be forced by its parent company, Systemax, to return $11 million in assets to the parent company.  Gilbert Florentino will surrender 1.13 million shares of Systemax and make a payment of $480,000. "CompUSA and TigerDirect employees have described a corporate culture of "fear and intimidation" that started with Fiorentino and filtered throughout most of the company. Employees say they lived in constant fear of losing their job and were forced to work overtime hours without compensation. Fiorentino founded TigerDirect in 1987 in Miami with his brother and a partner as a catalog company that later morphed into one of the early internet retailers."  (Source hispanicbusiness.com)

Gas station skimming gang of 12 busted in east Orange County, Calif. who had stolen over 36,000 credit card numbers and made over $2 million in fraudulent transactions.  The gang was also involved in stealing trucks, pickups, and gas and selling all of it out of bogus A&A Trucking.  (Source sun-sentinel.com)

Amazon bumps Wal-Mart from the top spot as the world's #1 retail brand in the study "The Brandz Top 100 Most Valuable Global Brands."  The survey covered 2 million consumers worldwide and measured brand equity.  (Source theretailbulletin.com)

"Organized cybercrime groups are using convincingly crafted emails to target high-level executives and employees within the organizations they want to attack. In many cases, the phishing emails are personalized, localized and designed to appear as though they originated from a trusted source and even internally from an organization.  It has become the preferred method for breaking into corporate networks and, with sophisticated data-stealing malware, they only need a very low click through rate to gain the information they want."  (Source csoonline.com)

Linkedin will be going public with its IPO scheduled for May 18th.  Founded by a former PayPal executive, its 100 million users generate $243 million in annual revenue.  (Source Associated Press)

Upcoming event!
May 16-19, 2011
National Level Exercise

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