ORC RESEARCH

1728 Words4 Pages

Loss prevention and risk management have become an increasing sector for businesses and companies. Loss prevention has gained a larger role on organized crime cases within the field of retail. Experienced groups have been targeting retailers for numerous years, but merchants are just starting to come together to combat organized retail theft, developing crime databases and establishing stronger loss prevention departments. The rapid growth of organized retail theft has affected how retail loss prevention departments handle the large cases.

The FBI states explains the ORC as a commonly used term among the retail industry and state and local law enforcement, it remains difficult to clearly define because it can be comprised of several underlying crimes and is subject to different interpretations by retail and law enforcement stakeholders (2001). The federal definition for “organized retail theft,” the use of the term ORC to refer to a broader set of crimes that can affect retail stakeholders, such as fraud associated with gift cards or product returns. Distinctively, under the federal statutes of law, organized retail theft is defined by; the violation of a state prohibition on retail merchandise theft or shoplifting, if the violation consists of the theft of quantities of items that would not usually be purchased for private use or consumption and for the principle of reselling the items or for reentering the items into business; second that the receipt, control, suppression, bartering, sale, transport, or disposal of any property that is known or should be known to have been taken in violation of paragraph of the first point; or third that the coordination, organization, or recruitment of persons to undertake the conduct descri...

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