Retail theft busted in New York; the crime group opened a store in Manhattan to fence a million dollars of stolen goods.
District Attorney Alvin Bragg said that retail theft is a “scourge” that severely impacts local small businesses and jeopardizes the safety of employees and customers, therefore [subject unclear] used “every possible tool” to address this current common situation of selling stolen goods. Law enforcement records showed that DA investigators have collected evidence through means of field surveillance, covert purchasing and conducting scans on stolen goods, and the search warrant was issued and executed on January 17 this year.
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DA indicts cosmetics store in retail theft ‘fencing’ operation after $1M in stolen goods discovered
“Fencing operations often use individual shoplifters to steal goods from your local Duane Reade, your bodega, your convenience store,” Bragg said.
Organized retail theft ring that targeted Macy’s, other retailers is charged in New York
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New York City beauty and cosmetics store accused of selling stolen products
"Retail theft is a scourge that impacts our local businesses and jeopardizes the safety of employees and customers alike. We must use every tool in our toolbox to address the root causes of retail theft, and a critical piece of that is upstream, proactive investigations into those who stand to profit. In addition to disrupting fencing networks, we will continue to target the small number of recidivists who are driving a significant amount of retail theft and ensure appropriate accountability," said Manhattan District Attorney Alvin Bragg.
NYC cosmetics store that doubled as fencing operation busted with over $1M in stolen goods: DA
“Retail theft is a scourge that impacts our local businesses and jeopardizes the safety of employees and customers alike,” Bragg said in the statement.