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The D&D Daily's Publicly Reported
2018 Q3 ORC Report
Q3 Case Total Up 22% Since '17
Average Dollar Amount In Q3 Up 54% Since
'16
Most Female Q3 Suspects Ever Recorded
Year-to-Date
(Q1-Q3) ORC Case Comparison - Up 15% Over '17
Q3
ORC Cases by Total & Average Dollar Amount
|
Year (Q3) |
$ Amount Reported |
Average $ Amount |
| 2014 |
$102,678,607 (Pre-EMV roll-out) |
$218,254 |
| 2015 |
$56,272,683
(Pre-EMV roll-out) |
$162,169 |
| 2016 |
$26,731,252 |
$60,615 |
| 2017 |
$52,156,035 |
$156,155 |
|
2018 |
$38,147,479 |
$93,270 |
•
54% increase over Q3 2016
•
Average Case Values: Ranged from $60,615 to a high of $218,254.
•
2016 to present represents post-EMV
Special note: 2014 and 2015 amounts reflect the pre-EMV roll-out and a
larger amount of big counterfeit credit card cases.
The following high-dollar counterfeit credit card case was excluded in
the average calculations:
• One $30M cc fraud case
on
Sept. 26, 2014
Quarterly ORC Cases by Merchandise Stolen
Click here to read the full report
Auror
Sponsor of the D&D
Daily's ORC News Column
Thanks, Auror, for making this
column and this report possible.
Hey LP and AP Execs - Thank Auror!
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Keith Clarke, CFI named
Director of Loss Prevention for Family Dollar
Keith was previously the Zone Manager of Loss Prevention - US North for Cracker
Barrel for over three years. Prior, he was the Regional LP Manager for the
restaurant chain, and has held other loss prevention and operations positions
including Operations Manager for Bass Pro Shops, Zone Senior Manager - Loss
Prevention and Regional LP Manager for American Eagle Outfitters. Keith earned
his Bachelors of Arts degree in Business Administration, Management and
Operations from Lenoir-Rhyne University. Congratulations, Keith! |
Submit Your New Corporate Hires/Promotions or New Position |
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Noncash Payment Fraud Values Rise 37% Since 2012
According to data from the Federal Reserve Payments study, it found the value of
noncash fraud jumped 37 percent to $8.3 billion in 2015 from $6.1 billion in
2012. During the same period, the Federal Reserve found the total value of
noncash payments increased to $180.3 trillion from $161.2 trillion. The Federal
Reserve said in a press release that the fraud data was collected as part of
surveys of depository institutions in 2012 and 2015 and payment card networks in
2015 and 2016.
The Federal Reserve said data from the depository institutions survey showed
that the overall rate of payments fraud, by value, rose from 2012 to 2015 in the
United States, driven largely by card fraud. On the positive side, the Federal
Reserve found that between 2015 and 2016 the rate of in-person card fraud
decreased by a notable rate, while the rate of remote card fraud increased by a
significant amount. Even with the uptick, the Federal Reserve said card
payment fraud accounts for less than one-tenth of a percent of all card payments
and is a small fraction of the value of card payments.
According to the study in 2015, the payments fraud rate by value was more than
20 percent bigger than in 2012. The fraud rate by number was close to 70 percent
larger in the time frame.
pymnts.com
What the CFOs Are Reading
Boards Sharpen Focus on Social Issues
79% of Board Sees Middle MGT Setting Cultural Tone
Directors increasingly see matters such as resource scarcity, human rights,
and income inequality as important components of strategy discussions.
While the population grows ever-more polarized around social issues, corporate
boards of directors don't necessarily need to consider them. Increasingly,
though, they are doing.
In a survey released Wednesday, PricewaterhouseCoopers asked 717 directors about
the extent to which they think their company should take various social issues
into account when forming company strategy.
With respect to health-care availability and cost, 36% answered "very much" - up
eight percentage points from last year's annual director survey by PwC. Resource
scarcity, with 31% of survey participants strongly agreeing that companies
should factor it into strategy. Last year, only 21% said so.
Human rights earned a "very much" response from 28% of the surveyed directors, a
solid climb from 20% last year. Even income inequality is rising in prominence,
with the proportion of directors deeming the topic very important rising from 8%
in 2017 to 15% this year.
Boards are also taking a harder look at corporate culture, a likely response
to such news items as the #MeToo movement and cases of companies defrauding
clients.
Surveyed directors overwhelmingly (87%) agreed that corporate culture problems
often start with the tone set by the executive team. But 79% of them said
cultural issues are also growing out of the tone set by middle management,
while 74% pointed the finger at an excessive focus on short-term results.
Some directors said their companies have enhanced employee training about
culture issues, while others are improving their whistleblower programs,
according to PwC's survey report. "Still, only 17% say they have revised
compensation plans, even though 67% say those plans can drive bad behavior when
poorly designed."
cfo.com
5M Walmart Workers Want Cert. In Background Check Suit
A proposed class of five million Walmart applicants and employees have pressed a
California federal judge for certification in a suit accusing the retail giant
of adding extraneous material to background check notices it issued to
applicants and new hires in violation of the Fair Credit Reporting Act.
Employees and applicants urged the court to certify several classes Monday on
the allegation that Walmart Inc. routinely violates the FCRA requirement that
disclosures about obtaining a background check be a stand-alone document so as
to not confuse the consumers.
Instead the company directly asked for applicants' criminal history and sought
permission to inquire from other people, schools, companies and businesses
despite the FCRA's mandate that employers seeking those things must tell
applicants via clear, conspicuous disclosures contained in separate forms, the
motion states.
Walmart allegedly included legal waivers and "extraneous" information about
state laws in its applications, according to the motion. But more important,
Walmart acknowledged during a deposition that its forms before Nov. 5, 2015 were
unclear, meaning "liability for that subclass is all but certain in this
matter," applicants and employees said.
law360.com
NYC Councilman Aims to Regulate Use of
Face-Screening Technology
A New York City councilman will introduce legislation this week requiring
businesses to disclose if and how they use facial-recognition technology,
potentially giving a glimpse into how widespread use of the tool is in the
private sector.
Companies would be required to disclose if they're using it by posting a sign
near a store entrance or publishing an online post, according to a draft of the
legislation provided to The Wall Street Journal. The companies would also be
required to tell the public what information they collect and share from the
technology, and how long they store the information. They would also have to
draft a policy governing the tool.
wsj.com
Nine West lenders look to sue Sycamore over
'outright fraud'
A group of unsecured creditors to Nine West have asked a federal bankruptcy
court for
permission to sue the fashion retailer's private equity owner, Sycamore
Partners, over an alleged fraudulent transfer and other claims totaling "well
over $1 billion," according to a court filing.
 But the unsecured lenders' complaint also highlights the fraught relationship
retail has had with private equity over the past decade and a half or so. In
a January paper published with the American Bankruptcy Institute, Chuck
Carroll and John Yozzo of FTI Consulting found that two-thirds of
retail bankruptcy filings in 2016 and 2017 were by private equity-controlled
companies.
Nine West lenders allege Sycamore, which has made dozens of acquisitions in
retail, engineered an acquisition of the Jones Group that essentially set up
the remaining Nine West entity for failure. At the same time, the lenders
say, Sycamore essentially sold to itself valuable assets from Jones "at
prices hundreds of millions of dollars below their true value" while leaving
$800 million in new debt on the books of the Nine West holding company created
out of the deal.
"To justify selling the Carve-Out Assets to its affiliates for below market
prices, Sycamore engaged in outright fraud," the group said in a filing.
Specifically, the lenders allege that starting in 2013, when it bid for Jones
Inc., Sycamore, "prepared increasingly aggressive 'pro forma' estimates and
projections to inflate the supposed value" of the Nine West company created in
the buyout, while "simultaneously driving down the implied value of and
forecasts" of the assets sold off in the buyout. retaildive.com
Convicted Sex Offender Gets 40 Yr's For Plot To
Bomb Target Stores
U.S. District Judge Roy B. Dalton today sentenced Mark Charles Barnett (50,
Ocala) to 40 years in federal prison for attempted arson, possession of an
unregistered National Firearms Act (NFA) destructive device, and making an
unregistered NFA destructive device.
According to testimony and evidence presented at trial, Barnett offered a
confidential source (CS) $10,000 to place improvised explosive bombs inside
Target stores along the east coast of the United States.
Barnett delivered the devices to the CS with instructions to put them on the
shelves of Target stores from New York to Florida. The CS, however, promptly
surrendered the destructive devices to authorities, and Barnett was arrested on
February 14, 2017.
justice.gov
Ex-Equifax Engineer Gets 8 Months House Arrest
For Insider Trading
Ex-Equifax CIO for U.S. Info. Solutions - Charges To Move Forward As Well
A former Equifax Inc. software development manager who pled guilty over the
summer to making a nearly $76,000 profit on inside knowledge of the credit
reporting giant's headline-grabbing data breach was sentenced in Georgia
federal court on Tuesday to eight months of home confinement. U.S. District
Court Judge Amy Totenberg handed down a sentence that included an order for
Sudhakar Reddy Bonthu, 44, to pay a $50,000 fine and forfeit $75,979 - the same
amount he made by trading stock options after deducing from confidential company
information.
Bonthu is one of two former Equifax employees federal authorities have accused
of using insider information to make a profit before the company informed the
public about the breach. Last month, a Georgia magistrate judge recommended
that two insider trading charges against Jun Ying, the former chief information
officer for Equifax's U.S. Information Solutions, move forward.
law360.com
'Retail is the place to be' in cannabis, says MedMen CEO
after 'blockbuster' $682M PharmaCann acquisition
Nevada Tops List of States Most Vulnerable to Identity Theft & Fraud
Amazon store count tops 600
A timeline of J.Crew's rise and fall
David's Bridal misses debt payment, setting stage
for restructuring
Quarterly Results
Domino's Q3 US comp's up 6.3%, international up 3.3%
Sonic Q4 comp's up 2%, full yr. comp's down 0.3%
Del Taco Restaurants Q3 comp's up 1.4%, sales up 6.2%
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All the News - One
Place - One Source - One Time The D&D Daily respects your time & doesn't
filter retail's reality
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The Zellman Group - Reflection and the Next 20 Years
Filmed "Live in NYC" at the NRF Big Show 2018
Celebrating their 20th anniversary,
The Zellman Group
continues to expand their offerings of LP and consulting services for retailers
- from civil recovery, restitution and LP analytics, to the recent launch of
their ORC Recovery solution.
In this
LPNN interview,
Stuart Levine, CEO; William Ramos, Director of ORC Recovery; and
Jason Davies, Director of ORC Investigations, reflect on the company's
history, what's changed, what's new, and what's in store for Zellman Group's
future. |
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Nine Public Cos Lost $100M in BEC Fraud
SEC Warns Cos To Prioritize Cybersecurity
The U.S. Securities and Exchange Commission (SEC) has issued a stern warning to
public companies: tighten cybersecurity controls or risk being in violation of
federal law.
The regulator issued a report based on the SEC Enforcement Division's
investigations of nine public companies that lost millions of dollars as the
result of cyber fraud. The companies, which each had securities listed on a
national stock exchange, were in sectors including technology, machinery, real
estate, energy, financial, and consumer goods.
 The SEC's investigations focused on
"business email compromises" (BECs),
where criminals posed as company executives or vendors and used emails to
trick employees into sending large sums to fraudulent bank accounts. The
activity sometimes lasted months and was often only discovered after law
enforcement or other third parties got involved.
Each of the companies lost at least $1 million, two lost more than $30
million, and one lost more than $45 million. In total, the nine companies
wired nearly $100 million as a result of the frauds, most of which was
unrecoverable.
"Cyber frauds are a pervasive, significant, and growing threat to all companies,
including our public companies," SEC Chairman Jay Clayton said
in a
press release. "Investors rely on our public issuers to put in place,
monitor, and update internal accounting controls that appropriately address
these threats."
The agency has warned that companies subject to the internal accounting controls
requirements of Section 13(b)(2)(B) of the Securities Exchange Act of 1934 "must
calibrate their internal accounting controls to the current risk environment and
assess and adjust policies and procedures accordingly."
"In light of the facts and circumstances, we did not charge the nine companies
we investigated, but our report emphasizes that all public companies have
obligations to maintain sufficient internal accounting controls and should
consider cyber threats when fulfilling those obligations," said Stephanie
Avakian, co-director of the SEC Enforcement Division.
pymnts.com
Meet 5 Women Shaping Microsoft's Security Strategy
Profiles of some of the women currently leading Microsoft security operations
- and their efforts to drive inclusivity.
 It's
all too easy to get discouraged by the gender gap in cybersecurity. Women -
who make up 11% of the industry - hold few leadership roles in security. The
World Economic Forum
says it could be 217 years before women and men achieve global economic
parity, while in the security field some 63% of women make less than their
male counterparts, the Cyentia Institute and Cybrary found.
Even so, there are many women in security
doing important work. Over time, many have moved into leadership positions,
where they can bring in members of the next generation, educate them, and push
for more inclusivity.
But it's not just leaders who are responsible. Diversity is a company-wide
initiative, and it takes an organizational effort to move those negative numbers
in a positive direction. Microsoft, for one, this year
appointed Lindsay-Rae McIntyre to the role of chief diversity officer (CDO),
a role in which she will be responsible for driving initiatives to promote a
more diverse culture.
Given Microsoft's role in enterprise software and cybersecurity, its female
leaders are in a position of power to not only influence security, but diversity
as well.
Ann Johnson, Corporate VP,
Cybersecurity Solutions Group
 Johnson
is wrapping her third year at Microsoft, which she joined back in 2015 when CEO
Satya Nadella brought her in to start its Enterprise Strategy Group. Now she
works on strategy development, determining where Microsoft's security priorities
should be and how its 3,500 security engineers will build technology in the
future. When she thinks about the potential for security tech, Johnson says
there are a few things that come to mind.
For starters, she's working on series of blog posts around artificial
intelligence and what it means for infosec. Microsoft processes six trillion
signals in its security graph each day, Johnson points out, and she believes
this amount of data is "a tipping point for security." Artificial intelligence
and machine learning tools can inform admins' priorities, she notes.
 Diana Kelley, Cybersecurity Field CTO
Kelley's role as Microsoft Cybersecurity CTO is the latest in her security
career, which has spanned more than 25 years. She was previously global
executive security advisor at IBM.
So
what brought her to Microsoft? A couple of reasons: one was Ann Johnson, who
recruited Kelley for the role. The other was Microsoft's growing focus on cloud.
"The passion I had for the Internet is now a passion for cloud, and cloud being
the future," explains Kelley, dialing in from Japan, where she was keynoting
Security Week. "We need to focus on building trust in the cloud." Microsoft's
focus on cloud and security "was incredibly exciting," she says.
 Hayden Hainsworth, Principal
Group PM Manager CxE, C+AI Security
Hainsworth heads up Microsoft's Global Customer and Partner Experience (CxE)
team in its Cloud and Artificial Intelligence (C+AI) division. Essentially,
she's in charge of figuring out how to drive usage of products designed to
protect data from security threats.
"Six
to seven years ago, the Office 365 team realized when we move to the world of
services, engineering needed to take a more active role in the success of our
customers," Hainsworth explains. The customer experience engineering team she
works in was created about three years ago; since then, she has been working to
improve security tools and inform product teams on which problems to prioritize
and which features to release first.
Hemma Prafullchandra, CTO, M365 Security and
Compliance
Prafullchandra is the newest hire of this group, having joined Microsoft the
week before we spoke - just in time to attend its 2018 Ignite conference. But
she's no stranger to cybersecurity, the industry where she has been building her
expertise for the past 28 years.
Throughout
her career, technologies like cryptography and identity management have all
matured, and as a result the need for more accessible security systems has
grown. Now, Prafullchandra is interested in helping people use security tools as
technology gets more complex.
Adrienne Hall, General Manager, Issues Management
Hall heads up issues management for Microsoft, which she joined in 1990. After
moving up through the Enterprise and Partner Group, she moved to its Trustworthy
Computing Group in 2004 and went from working directly with users to helping
engineers build more secure code.
It
was a big switch for Hall, who was joining a team focused on how to address
systematic security themes and Microsoft's overall approach to systems and
infrastructure amid the evolving threat landscape. However, she soon found she
was able to build on her experience. darkreading.com
New Global Research Shows that Digital
Transformation Heightens Risk of Costly Cyber Attacks
Consider international cloud security standards,
legal reqs
Visa Accelerates Tokenization Of Credentials On File For Digital Payments |
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'Dazed and Confused': Canada Kicks Off
'Messy' Rollout of Legal Cannabis
New Rules - Black Market Impact - 100+ Stores - Pardons Issued
It's Legalization Day in Canada
Your complete guide to retail sales of weed in Canada
 Canada
will become the first G7 country to legalize recreational marijuana
nationwide today (Oct. 17). In the months leading up to this
landmark move, cannabis companies have closed
hundred-million-dollar deals, pot stocks have soared, and even
Coca-Cola has announced it's looking to invest in the weed industry.
Different provinces and territories, however, have their own rules
on how Canadians can buy or consume weed.
Alberta
Consumers can buy weed from privately run retail stores that receive
approval from the Alberta Gaming, Liquor, and Cannabis agency, or
online through a website run by the AGLC. So far, the majority of
physical stores will be in the Edmonton area.
British Columbia
You can buy from government-run physical and online stores, and
eventually, private retail stores. However, only one government-run
store in the province, located in Kamloops, is on track to open by
Oct. 17. Over 100 private-store applications have been submitted and
are being vetted, so the BC Liquor Distribution Branch's online
system will likely be the best option for a while.
Ontario
For now, the online Ontario Cannabis Store is the only legal place
to buy weed. The government has introduced legislation, that if
passed, would allow sales at private retail stores starting April
2019.
Quebec
The Société Québécoise du Cannabis will open 15 stores on Oct. 17,
and expects to add five more by year's end. You can also purchase
cannabis via the SQDC online.
See rules for the other providences here.
qz.com
Here's What Happens to the $8B Black Market Now That Weed Is Legal
 If
you're to believe the Canadian government's hype, legalizing
recreational weed is all about eradicating the black market.
"The sale of cannabis is the easiest money that organized crime
makes," said Bill Blair, the Liberals' Border Security and Organized
Crime Reduction Minister, at a town hall hosted by CBC's The Current
Monday night in Ottawa. Blair said he estimates black market weed in
Canada is a $6 to $8 billion industry.
Canada is also introducing severe n ew punishments for selling "illicit" cannabis-as in, anything not provided via the 129 licensed
producers-once legalization kicks in October 17. Those punishments
include up to 14 years of jail time for selling weed to a minor or
selling it without a licence.
So while October 17 seems like the day we've all been waiting for,
the reality is legalization is still in the very early stages and
the rollout is going to be messy. In the meantime, the black
market that has operated in Canada for decades isn't likely to
vanish.
Read more here from dealers, farmers and more.
vice.com
Massive midnight queues at pot shops in Canada as drug is
decriminalized
111 stores to open right away; Pardons to be issued for prior pot
convictions
 Huge
queues formed at cannabis shops across Canada overnight after the
drug was legalised. Canada became the largest country with a
national legal marijuana policy on Wednesday. A number of shops held
special midnight openings to mark the occasion, with thousands of
people across the country queueing for their first lawful blaze. The
Newfoundland stores are among at least 111 legal pot shops expected
to open across the nation on Wednesday.
Meanwhile, a government official said anyone with prior
convictions for possessing up to 30g of cannabis - which is now the
legal limit - will be pardoned. A formal announcement is expected
later on Wednesday.
No stores will open in Ontario, which includes Toronto. The most
populous province is working on its regulations and doesn't expect
stores until next spring.
standard.co.uk
Cannabis forbidden for federal prison guards 24 hours before work
Federal prison guards and other front-line correctional workers will not
be allowed to use cannabis 24 hours before reporting to work. The
policy, made public today, says Correctional Service employees must be
fit to perform their duties and cannot be intoxicated or impaired by
drugs, alcohol or other substances when at work.
canadiansecuritymag.com
Canada now world's largest legal marijuana marketplace
B.C. suggests private marijuana stores shutter until licensed
6 stores will open on 1st day of legal weed in Manitoba
Cannabis NB expects sales of $45M in first year
Click here to read more about the retail cannabis
roll-out in the Daily's Special Report
Inside the C.E.O.'s Social Media Meltdown at Deciem
Canadian-Based Brand, The Ordinary, Is Deciem's Most Popular Brand
Ontario judge grants injunction to have Truaxe removed as co-CEO of
Deciem
Multiple sources are reporting that Brandon Truaxe has been removed
as co-CEO of Deciem. A judge from the Ontario Superior Court granted
an injunction sought by Estée Lauder to have Truaxe removed
and co-CEO Nicola Kilner appointed as the sole, interim CEO.
retaildive.com
Deciem stores reopen after founder and CEO ousted on interim basis
Canada Store Openings
●
FAO Schwarz comes to Canada with holiday pop-ups at all Hudson's Bay
Co. store
●
SAIL Plein Air to Open 3 Stores and New Warehouse as it Grows
Operations
●
Longo's to open Canada's 'first net-zero' grocery store
●
Magnotta Winery opens Sudbury store this week
●
Sleep Country Expands in Nanaimo, British Columbia
●
GrowForce and Sweet Tree to Launch Premium Cannabis Retail Stores in
Calgary
●
Black Goat Cashmere Opens 1st Shopping Centre Retail Space
●
Peloton Enters Canada with Retail Expansion
●
Giant Tiger opens store in Saskatoon, SK
Canada Post union issues strike notice; workers could begin rotating
strikes Monday
Walmart Canada spending $175 million to upgrade stores across the
country
Canadian bookstore chain Indigo plans to compete against Amazon in
the U.S.
eBay Sellers in Canada Rely on US but Face Shipping Barriers
L Brands pursuing "all" options for La Senza
 (Update) Toronto, ON: 19-year-old arrested in shopping plaza murder
Toronto
police have arrested a 19-year-old man in connection with a fatal shooting at a
plaza in Scarborough earlier this month. Elliott Reid-Doyle, 18, was shot
multiple times in the parking lot of a strip mall on the afternoon of Oct. 3. He
was pronounced dead in hospital. On Friday, investigators released video and
surveillance images of the suspect and on Saturday, they identified him as Amal
Jones of Toronto. Jones surrendered to police on Sunday evening. He is facing a
charge of second-degree murder and is scheduled to appear in court on Monday.
citynews.ca
Delta, BC: Shipment of Rocky Mountain bikes worth $600K to $800K stolen
A container shipment of the bikes - unassembled and in boxes - arrived at the
1600-block of Clivedon Avenue in Delta at 3:30 p.m. on September 24. By 9:30
p.m. the container had been removed from the lot by a semi-truck suspected to be
stolen out of Richmond. The container contained 160 Rocky Mountain bikes, which
retail from $3,000 to $6,000 each. The total value of the stolen bikes, all 2019
models, is between $600,000-$800,000.
voiceonline.com
Hamilton,
ON: Man hides inside Walmart to steal $18K in electronics after close, police
say
Edmonton, AB: 2 people charged after $120K robbery at west Edmonton coin shop
Napanee, ON: OPP searching for shoplifter who took $1,600 worth of toothbrushes
Milton, ON: Female suspect sought following failed $500 theft
Brampton, ON: Thieves caught stealing turkey from grocery store during
Thanksgiving
Halifax, NS, Canada: Man admits to
setting fire at The Atlantic Superstore; $5,000 in damages
Robberies & Burglaries
●
C-Store - Windsor, ON - Robbery
●
C-Store - St. John's, NL - Armed Robbery
●
C-Store - Saskatoon, SK - Armed Robbey/Assault
●
Coin Shop - Edmonton, AB - Robbery
●
Lawton Drugs - Conception Bay South, NL - Armed Robbery
●
7-Eleven - Toronto, ON - Robbery
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CONTROLTEK has been
in the industry news a lot lately, introducing new asset protection solutions at
a rapid pace - from their recently launched AM systems, to the wide selection of
EAS and RFID tags in their catalog, to the full set of RF and RFID systems they
offer together with their European partner
Nedap.
Rod Diplock, CEO, and Steve Sell, VP of Global Sales & Marketing,
tell us how CONTROLTEK has been able to offer so much innovation in such a short
period of time, what sets them apart from their competitors, and what the
industry can expect from them next.
Bryan Lewis - Intellicheck - Quick Take 11
Bryan Lewis, President & CEO of
Intellicheck, tells
us why their Retail ID solution is 99.9% effective in preventing transactional
fraud, while delivering instant identification authentication for retailers. And
then Bryan takes on Amber and Joe's "Lightning Round". |
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Don't let holidays become the season of fraud
With the holidays quickly approaching, merchants are preparing anticipated
increases in sales, but are they ready for increases in fraud? For many, this
preparation is multi-faceted and begins with identifying blind spots that
resulted from what they experienced last season and their changing strategies
throughout the year. These changes may have been from introducing international
geographies to their sales plan, adding products or new sales channels, making
their site mobile-friendly, or from creating and launching a mobile app.
An annual audit may be urged in order for online retailers to review their
changes and make sure their fraud system is still operating at peak efficiency
to identify real fraudsters from real customers. Outlined below are some
suggestions to help merchants prepare for the holiday season, minimise fraud,
and reduce the negative financial and brand ramifications associated with
chargebacks in the new year.
1. Use your data to understand your consumer.
2. Determine the right risk vs sales ratio for your business.
3. Utilise a multi-layered approach to detect and deter fraud.
4. Review, analyse, and repeat.
5. Engage your data team and/or fraud solution provider or even your payment
provider.
6. Train, train, train.
thepaypers.com
Senate Dems target Amazon over anti-union practices
Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) are asking Amazon to
explain reports of "potentially illegal anti-union behavior," challenging the
corporate giant's labor practices shortly after it agreed to raise its minimum
wage to $15 an hour.
The senators have sent a letter to Amazon CEO Jeff Bezos over a video that warns
managers at Amazon's Whole Food Markets about the dangers of union organizing,
and ask him to respond to recently surfaced worker allegations that voicing
their concerns led to retaliation from company management.
washingtonpost.com
US online sales grow an estimated 16.7% in
September
Online grocery sales more than tripled between
2013 and 2018
Albertsons launches an online marketplace for
food, wellness and household products
Wayfair Rolls Out MyWay Membership Program
Gucci wary of Chinese ecommerce tie-up because of
fakes
The future of commerce will be the human touch
Study finds online retailers are ineffective at
website personalization |
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 Scott
Depot, WV: Kmart hit for nearly $100,000 in jewelry in Overnight Burglary
A person hides in a store until it closes, then steals tens of thousands of
dollars in jewelry. This happened at the Kmart in Scott Depot, one that is
closing in less than six weeks. Investigators said it could be related to a
similar burglary at a Kmart in Charleston. Putnam County deputies said at least
one thief did stayed in the store after closing on Saturday, then stealing
anywhere from $50,000 to $100,000 worth of jewelry, finally running out a side
door about 2:45 Sunday morning, triggering an alarm.
wsaz.com
Burnsville, MN: Update: Walgreens Pharmacist
Stole 500+ Pills from 3 area stores
Tessaca Lynn Sanchez was charged with two counts of theft of a controlled
substance in connection with the case. Authorities say the thefts happened in
March and April in both Burnsville and Lakeville. The complaint states the
employee told police Sanchez was hired in February to work as an assistant in
the pharmacy department. Sanchez also worked at another Walgreens store in
Lakeville, and a store in Burnsville.
Authorities conducted a search at all three stores Sanchez worked at, and found
more than 500 pills to be missing. They included Hydrocodone, Vicodin, Oxycodone
and Tramadol. Sanchez was confronted about the pill thefts on April 17, and
admitted to taking 70 Hydrocodone and Vicodin pills from the store off 160th
Street starting on March 18, and 70 Hydrocodone pills from the Lac Lavon store.
Sanchez denied taking pills from the County Road 42 location. She admitted she
didn't have a prescription for the pills and took them for personal use.
cbslocal.com
Columbus, IN: Man arrested for shoplifting $2,100
worth of items from Walmart
Denham Springs, LA: Thieves steal $2,000 in
merchandise from Juban Road retailer, maybe connected to Baton Rouge theft
Tyler, TX: 3 suspects in Gas Pump Skimmer case
Indicted
Hoboken, NJ: Rite Aid Shoplifters crash car into building
fleeing police; $1,000 of merchandise recovered
Dalton, GA: Woman Tries To Shoplift $700 In Merchandise
from Walmart; Loss Prevention recovers merchandise
Greenwich, CT: Man charged with the theft of 3 laptops
from Apple Store
Beachwood, OH: Two women arrested for Shoplifting and
possession of criminal tools
Bolingbrook, IL: Meijer reports theft of $2,400 in Baby
Formula and Diapers
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Shootings & Deaths
Anaheim, CA: Man found stabbed to death in strip
center parking lot
Police are investigating the fatal stabbing of a man found in an Anaheim parking
lot early Tuesday morning. The incident was reported just before 1 a.m. at a
strip mall in the 2900 block of Lincoln Avenue. Arriving officers found a man
down suffering from at least one stab wound. He was later identified as
39-year-old Anaheim resident Raymond Tovar. It was unclear if Tovar had been
stabbed at the location or ended up in the parking lot after being stabbed
elsewhere. He was pronounced dead at the scene.
ktla.com
Phoenix, AZ: Woman accused of manslaughter after
fatal collision at gas station
A 33-year-old woman was in custody on a manslaughter charge in the death of a
man struck near the pumps Saturday at a gas station near 35th and Glendale
avenues. Phoenix police recommended that Shanika Bennett, 33, be charged with
manslaughter in the death of Sergio Grimaldo, 34. About 3:10 p.m. Saturday,
Bennett and a friend were in a Mustang when it went over a curb, entered the gas
station lot and struck Grimaldo, whose car was parked at a gas pump. Three
witnesses identified Bennett as the driver, police said.
Grimaldo was taken to a hospital, where he died from his injuries, police said.
A drug recognition expert evaluated Bennett for impairment and said slow speech
and slow responses were observed. Bennett said she takes oxycodone for back
pain, police said.
azcentral.com
Charlotte, NC: CMPD investigates shooting in parking lot
of Habitat for Humanity Restore
The Charlotte-Mecklenburg Police Department is investigating a shooting outside
the Habitat for Humanity Restore in southeast Charlotte Tuesday afternoon.
Customer Tika Rai said he heard several gunshots and ran to see what was going
on. "I just see two cars come from that way. One went to the left. The other
went to the right," Rai said. Police said both the man who was shot and the
suspect drove off.
wsoctv.com
Robberies, Incidents & Thefts
Grayson, KY: Rite Aid Pharmacy manager accused of
illegally dispensing drugs
Authorities say a pharmacy manager at a Rite Aid in Kentucky has been indicted
on charges including dispensing a controlled substance without a proper doctor's
prescription and criminal falsification of medical records. Kentucky Attorney
General Andy Beshear tells news outlets in a statement 30-year-old Tommy
Dearfield Jr. was indicted by a Carter County grand jury this month on 37
counts. The illegal conduct is alleged to have occurred last year while
Dearfield was a pharmacy manager at the drugstore in Grayson. Beshear's
detectives and Grayson police arrested Dearfield on Friday. The Kentucky Board
of Pharmacy and Rite Aid Loss Prevention helped Beshear's office investigate.
washingtontimes.com
Homewood, IL: Shoplifter's Getaway Car Swiped
Another In Kohl's Parking Lot
Walmart Shoplifter arrested for Theft and Domestic
Violence charges; stabbed boyfriend with 2 pronged grilling fork
UK: Chelmsford, England: Addict back in jail just 4 days
after release after shoplifting for the 282nd time
Jared in the Town Center at Cobb, Kennesaw, GA reported
an Attempted Smash & Grab on 10/14, no merchandise was taken
Jared in the St. Louis Mills, Hazelwood, MO reported a Grab & Run on 10/14, item
valued at $7,398
Kay Jewelers in the West Park Mall, Cape Girardeau, MO reported a Grab & Run on
10/14, item valued at $7,299
Piercing Pagoda in the Arizona Mills, Tempe, AZ reported a Grab & Run on 10/13,
item valued at $349
Zales in the West Town Mall, Knoxville, TN reported a Grab & Run on 10/15, item
valued at $3,300
Zales in the Coronado Center Mall, Albuquerque, NM reported a Grab & Run on
10/14, item valued at $2,399
Arson & Fire
Ocala, FL: OPD searching for Macy's Arson suspect
The woman shown in this surveillance video entered Macy's at the Paddock Mall
and walked around the store, before setting fire to a rack of undergarments.
Ocala Police says she left in the vehicle shown in this video.
wcjb.com
Sentencings & Charges
Hamilton, NJ: 7-Eleven robber get 25 years
Urbana, IL: Sprint Armed robbery getaway driver sentenced
to 15 years; $32,000 in restitution
Burley, ID: Man was sentenced to 10 years for robbing a
C-Store with a rifle
Catawba County, NC: C-Store Armed Robber sentenced to 8
years
Kankakee Man Sentenced 15 Years in Prison for Armed
Robbery of Champaign Sprint Store
South Bend, Ind., Police Officer Charged with Switching
Price Tags at Walmart
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American Natural Gas Station - Pittsburgh, PA - Armed
Robbery
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C-Store - Cowpens, SC - Armed Robbery
•
C-Store - Las Vegas, NV - Armed Robbery
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Deli - Bronx, NY - Armed Robbery
•
Dollar General - Saline County, AR - Armed Robbery
•
Dollar General - Fairview Heights, IL - Armed Robbery
•
Family Dollar - Killeen, TX - Armed Robbery
•
Game Stop - North Attleboro, MA - Armed Robbery
•
Jared - Tustin, CA - Burglary
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Jewelry store - Folsom, CA - Burglary
•
JC Penney - Bloomington, IL - Burglary
•
Kmart - Scott Depot, WV - Burglary
•
McDonald's - Walterboro, SC - Robbery
•
O'Reilly Auto - Warren, MI - Armed Robbery
•
Pawn Shop - Arkansas City, AR - Burglary
•
Pharmacy - Sedalia, MO - Armed Robbery
•
Resale Shop - Overton County, TN - Burglary
•
Smoke Shop - Latham, NY - Robbery
•
Sunglass Hut - Folsom, CA - Burglary
•
Target - Wilmington, DE - Robbery
•
T-Mobile - Miami Township, OH - Armed Robbery
•
Tire Shop - Derry Township, PA - Robbery
•
Veterinary Clinic - Overton County, TN - Burglary
•
7-Eleven - Warren, MI - Armed Robbery
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Daily Totals:
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16 robberies
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8 burglaries
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0 shootings
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0 killings
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Chad Greinke promoted to District Asset Protection Leader for CVS
Health |
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Submit Your New Hires/Promotions or New Position |
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Featured Job Spotlights
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Divisional Loss Prevention Director
Florida
Provides strategic loss prevention management for a division of 2,000+ stores
with sales volumes totaling +/- $4B. Maximizes profits by developing and
executing programs to reduce and prevent the loss of company inventory/assets
and managing Regional Loss Prevention Managers within an assigned geographical
area...
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Director Loss Prevention
Irvine, CA
The Director of Loss Prevention at Tillys builds and implements policies,
programs, and procedures that control risk, reduce shrink and protect the
employees and assets. The director is responsible for leading and developing LP
team members in the corporate, retail, and distribution centers...
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Global Manager of Environmental Health and Safety
Austin, TX
● Establish goals for EHS performance and implement effective EHS systems to
ensure continuous improvement
●
Provide oversite to Regional Environmental Health and Safety Administrators and
Global Risk Leadership on EHS matters with a focus on environmental issues...
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Regional Asset Protection & Safety Manager
Emeryville, CA
The Regional Asset Protection and Safety Manager will lead the Region in shrink
reduction and profit maximization efforts. The position will proactively seek to
bring economic value to the company, promoting profitable sales and world class
customer service while ensuring a safe place to work and shop...
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Regional Loss Prevention Manager
Baltimore MD
This position is responsible for managing all aspects of loss prevention for a
geographic area to reduce and control shortage and other financial losses in 120
to 140 company stores. The coverage areas average $550 million in sales revenue
and $3.5 million in shrink losses annually...
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Loss Prevention Investigator
Wawa, PA
The Loss Prevention Investigator is responsible for utilizing proper
investigative techniques and act as the primary liaison with field operations
management. Conducts investigations into cash losses, deposit shortages,
associate theft, overall shrinkage, and other matters...
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Regional Asset Protection Manager
Harrisburg/State College, PA
The Regional Asset Protection Manager will lead their region in Shrink
Reduction, Asset Protection and Safety efforts through an in-depth understanding
of the overall business, effective partnerships and by directing the region with
integrity and professionalism...
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Loss Prevention Market Specialist
Jacksonville, FL
To monitor store locations to detect, investigate and resolve internal and
external situations and circumstances that could lead to or result in losses to
the company. All actions and conduct within the scope of the position must be
performed according to performance standards set by Burke's policies, procedures
and Code of Ethics...
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Loss Prevention/Asset Protection Investigator
Boston, MA
Responsibilities will include but are not limited to:
● Protect the assets of the store as well as the associates and visitors.
● Maintain surveillance of the store via CCTV and conduct physical inspections
including perimeter checks...
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Asset Protection Analyst
Norcross, GA
AP Analyst based in Norcross, GA reporting to the Director of
Asset Protection. This high-visibility role will be responsible for
business-wide security administration, multiple fraud detection programs and
functional communication...
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Featured Jobs
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The
Magic of Mentorships: 6 Mentors Everyone Needs,
Where to Search, How to Ask Someone
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How to Ask Someone to Be Your Mentor
A great mentor can be invaluable to your career and growing your skills,
unfortunately a great mentorship opportunity won't just land in your lap. You
have to be proactive, reach out, and build the relationship. Here's how you can
tactfully ask someone to be your mentor.
Be
gracious
The Magic of Mentorship: How and Where to Find
Your Match
Anyone can benefit from a mentorship. The coaching, guidance and support they
offer can help you really grow in your career or help you take off on a new
path. Mentorships generally fall into one of these categories, so it's wise to
know which mentor you are looking for and how they can help you.
Coach or Friend? |
The 6 Types of Mentors Who Help Your Career or
Business Take Off
Not all mentors are the same. Some can help steer you in the right career
direction, and some can help push you to the front of the lines in corporate
life. Here are six mentors you'll need for different situations.
Success Magnet
Be One, Get One: The Importance of Mentorship
Three-quarters of executives say mentoring is critical to helping their career
develop according to a survey by the American Society for Training and
Development. Anyone can benefit from a mentorship, no matter your career level.
Here's why it's so important to build and grow a mentorship and the benefits
you'll find.
Find a mentor, and be a mentor |
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Submit Your Group LP Selfie and Group Vendor
Selfie Today!
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Having a strategy or a plan about everything you do is
important if you expect to win long term. Daily victories are nothing without a
long-term plan. They fade quickly and leave the audience expecting more, which
only a plan and strategy will satisfy. So after your next victory, ask yourself
what am I going to do next?
Just a Thought,
Gus
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