Joseph LaRocca

Organized retail crime has long been an issue plaguing both retailers and secondary marketplaces. According to Congressional testimony and industry experts, ORC losses total an estimated $15-30 billion annually and 9 out of 10 retailers were victimized by organized retail crime within the past year. Sophisticated groups and sometimes individuals, steal thousands of dollars of popular goods at a time with the intent to resell them for profit. ORC incidents can result in safety concerns, higher prices at the register for consumers, lack of product availability and reduced sales tax revenue for cities, counties and states.