Identity Resolution Daily Links 2007-11-2
[Post from Infoglide Software] The Internet: Treat or Trick?
“E-fencing will get you about $.70 on the dollar, and it’s less risky because there is a certain degree of anonymity. Bottom line, it’s become a big problem for the retail industry. So much so that retailers are taking it to the Hill. Several retail execs recently testified before the House Judiciary Committee’s Subcommittee on Crime, Terrorism and Homeland Security about the problems of [organized retail crime] (ORC) and e-fencing.”
CarInsurance.com: Arrests Made in Crash Scam; Police Swoop in Insurance Fraud Inquiry
“The probe centres on a large number of claims made in the Merseyside area two years ago by people connected to a large communications company. . . . Allianz Insurance fraud manager Mihir Pandya said: ‘We have a policy of pro-actively managing fraud and have specific teams in place to identify and focus on organised fraud.’ . . . Chairman of the insurance fraud bureau John Beadle said: ‘This operation is a key example of the success that can be achieved when the public and private sectors are working collectively. We are sending a clear message to those criminals involved in ‘crash for cash’ scams that we are not a soft touch and they will be caught.’”
FOXNews.com: Bra Bandits Steal $4,000 Worth of Victoria’s Secret Items in Tennessee
“More than $4,000 worth of underwear was stolen from a Victoria’s Secret store in Murfreesboro and police are trying to determine if the theft is connected with a ring of thieves hitting stores in other states. . . . Police said the items could end up being sold online, or at a flea market or possibly sent out of the country.”
Business Intelligence Low Down: Top 10 Largest Databases in the World
“There are currently organizations around the world in the business of amassing collections of things, and their collections number into and above the trillions. In many cases these collections, or databases, consist of items we use every day.”
Southern Maryland Online: Md. Detective Calls for Internet Controls to Curb Retail Crime
“‘Sophisticated or not, what all of these thieves have in common is they are career criminals usually hired by bulk buyers or ringleaders with specific products in mind,’ [Officer David Hill, a retail crime specialist,] said. ‘They have ’shopping lists,’ if you will.’ The comments came during a hearing of the House Judiciary’s crime subcommittee focused on developing a response to organized retail crime, which leads to an estimated $30 billion in losses each year, according to the National Retail Federation. [Hill] recalled one college student who was arrested on Dec. 24, 2005, for stealing more than $40,000 in merchandise from 12 stores by swapping UPC codes. ‘By his own admission, the student made over $50,000 auctioning off stolen merchandize on eBay,’ Hill said.”
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