Retailers are spending millions to combat organized theft from stores
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Re: Retailers are spending millions to combat organized theft from stores
#2"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods.
A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all.
[This comment was a reaction to the title of this post, which was fortunately changed.]
Re: Retailers are spending millions to combat organized theft from stores
#3> The target was no ordinary shoplifter. He was part of a network of organized professionals, known as boosters, whom CVS had been monitoring for weeks. The company believed the group responsible for stealing almost $50 million in products over five years from dozens of stores in Northern California.
The story isn't about people selling stolen goods on Amazon. It's about organized theft operations. One way to stop theft is to reduce the ability to sell stolen goods, but that infringes on ownership rights of a large number of people that want to sell things online. I'm sure large corporations would love it if you can't buy their goods second hand.
At the end of the day, protecting property rights is a job for the state. Since it sounds its being organized, the criminal organization might be exploiting recent changes in sentencing and prosecution:
> Retail investigators blame changes in sentencing laws in some states for an uptick in thefts. In California, a 2014 law downgraded the theft of less than $950 worth of goods to a misdemeanor from a felony. Target recently reduced its operating hours in five San Francisco stores, citing rising thefts.
Re: Retailers are spending millions to combat organized theft from stores
#4"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods. A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all. [This comment was a reaction to the title of this post, which was fortunately changed.]
I’m actually surprised no-one has set up an online pawnshop, Klarna meets eBay.
Re: Retailers are spending millions to combat organized theft from stores
#5"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods. A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all. [This comment was a reaction to the title of this post, which was fortunately changed.]
I’m actually surprised no-one has set up an online pawnshop, Klarna meets eBay.
Shipping costs make this probably a bad idea.
Re: Retailers are spending millions to combat organized theft from stores
#6"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods. A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all. [This comment was a reaction to the title of this post, which was fortunately changed.]
I’m actually surprised no-one has set up an online pawnshop, Klarna meets eBay.
It would be way too easy to scam them. Pawnshops need to validate the quality of the item and determine if it’s legit. Most Pawnshops will also sell on ebay.
Re: Retailers are spending millions to combat organized theft from stores
#7"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods. A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all. [This comment was a reaction to the title of this post, which was fortunately changed.]
I’m actually surprised no-one has set up an online pawnshop, Klarna meets eBay.
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Re: Retailers are spending millions to combat organized theft from stores
#8I thought that was EBay?
Re: Retailers are spending millions to combat organized theft from stores
#9"Pawnshop" is the wrong word. A "Pawnshop" takes your goods for collateral and loans you money. A "fence" is somebody who helps thieves sell stolen goods. A pawnshop might be a front for fencing, but Amazon doesn't function as a pawnshop at all. [This comment was a reaction to the title of this post, which was fortunately changed.]
I thought pawn shops were places you could sell random stuff and buy random stuff, never knew they loaned money!