How The Shadowy World Of Organized Retail Crime Works
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Місяць томуCNBC goes inside the shadowy world of organized retail crime, revealing how a crime ring stole millions of dollars of beauty items that ended up for sale on Amazon, according to authorities. For months, we got exclusive access to major investigations by the California Highway Patrol, making arrests and serving search warrants. Ulta Beauty CEO Dave Kimbell, in a first in-depth interview by a corporate leader about organized retail crime, says more needs to be done by the online marketplaces to curb the sale of stolen items.
Correspondent: Courtney Reagan
Senior Investigative Producer: Scott Zamost
Retail Reporter, cnbc.com: Gabrielle Fonrouge
Editor: David Lettieri
Senior Animator: Michael Schwartz
Photographers: Duane Poquis Jacob Jimenez, Dave Dellaria, Oscar Molina, Roger Prehoda, Gary Levens, Gary Wahlgreen, Duane Oldham, Ray Rodriguez, William Pupa, Steve Washington, Mark Aster, Leroy Jackson
Audio: Guadalupe Mejia, Mark Edelstein, Everett Wong, Lori Smith, Erik Anschicks, Warren Wolfe, Chris Hall
Intern: Ali McCadden
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How The Shadowy World Of Organized Retail Crime Works
@boostedmaniac Місяць тому
In addition to stolen items on Amazon, there’s tons of counterfeit items on there too.
@PrincessPinky8 Місяць тому
When I see prices too low I automatically think it’s a fake. Now after seeing this video it could be either.
@CadyCadwell Місяць тому
here a fact, most of those item aren't clinically tested extensively. just gimmicks and overpriced brands.
@GarthVonMaraner Місяць тому
I only purchase when it says "Ships and Sold by Amazon".
@greg.peepeeface Місяць тому
That's because Amazon is a massive front for China, 38-42% of their top sellers are from China. Americans want to save a buck versus supporting legit brands.
@rmfinance1781 Місяць тому
Just getting ready to say that. Beware of any Nintendo 64 game being sold on Amazon. 😆
@xelefonte Місяць тому
Running a multi-million dollar shoplifting operation so that you can buy an unnecessary mansion…that’s the peak of American greed.
@jamram9924 Місяць тому
Greed is everywhere to also include Mexico and Canada. Digital platforms allow sellers to hide themselves and their suppliers.
@mikeshafer Місяць тому
'MURICA!
@Alien_LifeStyle Місяць тому
Sounds like capitalism to me
@JJacobs803 Місяць тому
They said it was a airbnb rental they never disclosed the criminal owned the home
@willybeama1 Місяць тому
Literally
@ohmyrufiohhh1303 Місяць тому
Imagine stealing from TJ maxx. A store that’s actually much more affordable and benefits the lower class…
@noniboo1521 Місяць тому
LOWER CLASS 🤔
@PreferredCustomer 5 днів тому
Clearly you ain't been shopping lately. Also...lower prices = lower security. It's not about how much it's worth, so much as how easy it is to get away with it.
@user-mg4zo2uz3p Місяць тому
Working in retail for years. It is cheaper for the corporations to allow someone to shoplift. The cost of a lawsuits if a Employee or Thief gets hurt or killed out ways the cost of the stolen item. Most retailers do not allow you to try and stop or chase after a shoplifter. The only thing that they can do is call the cops after. Also, stolen items become a tax write off for them.
@KuntoHarjadjiBaiquni Місяць тому
This is TRUE
@Treviso100 Місяць тому
Thieves now know this and steal millions from places like Ulta. And the tax write off is what the store pays for the item, either it sells or gets stolen. So this costs them millions.
@MotivatedI Місяць тому
The law is failing society but we choose to just blame corporations. People know they can shoplift and get away with it; and we choose to blame corporations. That’s what is wrong with our generation
@PreferredCustomer 5 днів тому
Sounds like a good reason for EVERYONE to shoplift, then. I mean, the way you describe it--is there even a downside?
@Donde_Lieta Місяць тому
I used to work at Sephora (pre-Covid), I remember this kind of thing happening in 2016. On my first day out on the floor, someone started piling up Urban Decay Pallets in their arms- my co-worker saw what was happening, so we went up to “offer assistance”, and they just dropped everything all over the floor, and ran… I always figured they were doing some scam like this-
@JOHN_F_KENNEDY_DADDY Місяць тому
Are you a hot girl
@dannydaw59 Місяць тому
What do you mean "pallets"? Hilos pick up pallets. It must be something different.
@Carpecynthia Місяць тому
Eyeshadow palettes
@davidcox3076 Місяць тому
@@CarpecynthiaThank you! I was confused, like Danny. Was wondering how did the customer get hold of a pallet jack?
@PardonMyPresence Місяць тому
They weren't scamming they were employees for an organized fraudulent online merchant. And guess what? They pay more than Sephora - that's the problem and the sad part
@djp1234 Місяць тому
This is why everything is locked up at Walmart
@GimpCent Місяць тому
your walmart...
@djp1234 Місяць тому
@@GimpCent most Walmarts are trashy
@Heyu7her3 Місяць тому
CVS... City Targets...
@ayanacurtis1478 Місяць тому
Cause people stealing. I would lock my stuff up too
@CatEyedGoddess Місяць тому
I think that’s do to general stealing, not a theft ring.
@zooyzeh Місяць тому
Why are they blaming online market places when they don’t do anything to stop this in the stores. They’re locking up their merchandise but not the criminals.
@FourDollaRacing Місяць тому
Because they know their products are overpriced.
@cyberpunkr1531 Місяць тому
Just because they are overpriced does not mean it's okay to steal. If consumers don't buy products that are overpriced, the companies will lower prices. If criminals are stealing the products because they are overpriced, companies will increase prices and consumers will be the ones to pay more because of theft.@@FourDollaRacing
@hustle_simmons Місяць тому
Because online marketplace do nothing to check where inventory comes from so because there seems to be a lack of checks and balances to make sure what is sold wasn't stolen it encourages more syndicates to do things like this. Locking up criminals doesn't stop this when there's still a place to sell. At that point its a matter of not getting caught rather than a denial of resale.
@xrrrismickey Місяць тому
The libs have moved prisons and half way houses to the outside world and they love it
@anonymous666951 Місяць тому
@@hustle_simmons"Locking up criminals doesn't stop this." Enforcing laws has never stopped criminality, but it certainly helps mitigate it. A sensible approach would look at both supply and demand factors. Unfortunately, some DAs are no longer sensible.
@richiemochi Місяць тому
They need to solve the problems like letting people walk out of a store cart full of items. People who work $13/HR in a store are breaking their backs breaking down 10 - 12 pallets per day and separating items so it go onto sales floor and these criminals are coming into the store getting bags and cartful items walking out with the merchandise worth $950 + in half an hour. Who gets the better bargain?!
@Demopans5990 Місяць тому
Also, a lot of shoplifting actually comes from the employees, particularly those working loading. Something got "damaged" and can't be sold?
@dmo848 Місяць тому
@@Demopans5990yup. Piece by piece used to go down the shoot next to the truck n dock like at the building where they meet. U can get all kinds of stuff down there😂 cheers
@numbernine3436 Місяць тому
Finally! Someone says what I've thought & verbalized to my associates. We are not busting our a$$e$ for these things to walk out the door.. oh hell no.
@Orrion_the_Kitsune Місяць тому
Yes, please, put the lives of the minimum wage workers on the line... or hire private security for thousands a day. I'm so tired of crime being overstated to feed into clickbaiting.
@bgregg55 Місяць тому
The ones doing the shoplifting are replaceable widgets. You have to catch their employers & shut down the operation.
@j.trulyrandom Місяць тому
Amazon could definitely do more but how about arresting those who steal it in the first place?
@JogBird Місяць тому
we all know why, but, cant say it out loud
@vshah1010 Місяць тому
Amazon is organized crime. They steal driver's tips. They steal intellectual property and make inferior products .
@bobbysmith8615 Місяць тому
@@JogBirdsay it with yo ignorant chest
@thehoneydeev Місяць тому
@@JogBirdplease tell us. I am clueless
@nothingtoseehere5760 Місяць тому
Me too. Dying to know what deep insights you are hiding.
@Kysen10 Місяць тому
Pleads not guilty, caught at home with the goods lol.
@themedicalmarvels Місяць тому
You should always plead not guilty
@TEverettReynolds Місяць тому
Careful... for all you know, she bought them from someone else... this is why you are innocent until proven guilty in the USA. There needs to be an investigation and a court hearing with a jury of her peers.
@sefyboy7183 Місяць тому
@@themedicalmarvels 100%
@JPurvis10 Місяць тому
Not if there is a plea deal
@andresmattos7541 Місяць тому
@@themedicalmarvelswhy?
@egr3071 Місяць тому
Why can’t thieves put this energy into something honest? Terrible.
@maxvolchenok2586 Місяць тому
It simply makes them more money than working any regular job…just think about it
@PreferredCustomer 5 днів тому
Lots more value and profit tor the effort. Plus, the thrill of it makes it a lot of fun.
@JoelsterG4k Місяць тому
I used to work at Sunglass hut and people would just go and grab dozens of sunglasses and run away, they knew to go for the expensive models so we had to move them constantly, and nobody could do anything, not even security was allowed to touch the thieves and they know that, that's why they don't care.
@shasmi93 Місяць тому
Ahhh good ol lawyers and lawsuits. They have ruined every aspect of America.
@JoelsterG4k Місяць тому
@shasmi93 lol true, the company would fire us if we touch them, they are more scared of a lawsuit than getting robbed.
@dannydaw59 Місяць тому
So you didn't put the glasses behind locked glass.
@philipp3001 Місяць тому
I worked at sunglass hut back in 2010. back then it was already happening all the time and managers would make it seem like it was our fault that glasses were stolen. It horrible back then I can't imagine now.
@dmo848 Місяць тому
But a normal citizen can. Those are the folks we need a bunch of vigilantes to kick butt and take names. Don't even gotta where a uniform
@KimberlyLetsGo Місяць тому
Having worked as an internal auditor for a retail company, a lot of product walks out the 'back door' aka, internal theft. My town's Walmart had over a $1 million loss due to internal theft. While consumer theft has risen greatly, this video doesn't even talk about how retail product is being stolen by the workers and sold by fencers.
@dmo848 Місяць тому
Working for ShopRite back in the day in the North East. Omg your so right I forgot about how pallets used to go missing😂. I can only imagine how much is being taken today still to this day. Most of it goes right down the hole between where the truck meets the building. Passed off piece by piece. I guess cameras mean nothing unless someone is behind them doing something other than taking notes😂
@preshisify1 Місяць тому
💯
@steviewanderer Місяць тому
Exactly this. Often times, employees are hand in glove with organized crime syndicates
@SgtJoeSmith Місяць тому
and no liberal msm ever will talk about employee theft. I lost $50k to employee theft. the liberals put employees on a pedistal and claim they are abused and oppressed by the greedy corporations when its the other way around all the greedy employees are sucking their boss dry so he has no money left to feed his own family let alone pay higher wages
@MaekarManastorm Місяць тому
Do your job better
@laurasplicer712 Місяць тому
Why do they always overlook fact that DA let these people go
@Orrion_the_Kitsune Місяць тому
Because our prisons are stuffed with people in for marijuana and/or filling cells meant for dangers to society with homeless people stealing bread is a good way to let murderers walk.
@themacker894 Місяць тому
Who ever guessed that treating criminals as victims and raising the felony shoplifting charge to $1000 would have a negative impact on retail crime, cause businesses to shut down and move out of state, and fuel businesses like these? Oh, add in zero bail and you have the recipe for success.
@BuckleBunny Місяць тому
This was going on way before we had zero bail. They stated in the story. It has gone up because it is low. The ones at the top don’t get the zero bail and they never have and they don’t now so let’s not put out that false narrative. They’re just able to get more people to participate and stealing for them or “working“ for them because there’s less consequences in his fast quick easy money for those that Rather do that then go out and get a job or can’t get a job because of whatever they’re lacking. if there’s no one at the top doing this as their business model to buy a mansion and live a large wealthy lifestyle then there’s none of this “work” for the people at the bottom. You have to stop at the top and we keep just putting the blame on the ones doing the petty crime instead of the one that’s doing the major organized part of it did it will never stop. You have to strike at the top.
@mikelight495 Місяць тому
Buying a mansion. That is great. It can be seized & liquidated.
@mikelight495 Місяць тому
I think the do gooders & auditors? Should do something socially redeeming for once.
@Orrion_the_Kitsune Місяць тому
Top cringe. Walmart's doing fine, hon, and "businesses moving out of state" is standard, worn-out fearmongering that's *so* meaningless in the face of Walmart monopolizing everything. Line workers aren't paid or trained to deal with shoplifting, and it's more expensive for stores to pay the price of an injured or killed employee than it is for them to write theft off on their taxes. Filling overcrowded prisons with people stealing bread is just a way to let murderers walk, like you might be oh-so-concerned about.
@yackawaytube 13 днів тому
Stop saying $1000. $1000 limit is only in California and this is a nationwide problem in both blue and red states. Plus, organized retail theft steals more than $1000 each time. Your ignorance is showing.
@colbymoore12 Місяць тому
Yep... I worked at J. Crew a good while back. Saw a lady walk in and start grabbing everything she could. My manager yelled at me to stop as I started chasing her (aka you'll get fired if you go after her). Sucks, because I could have laid a solid form tackle on the sidewalk all day.
@seanburton5298 Місяць тому
As a former reseller, Amazon has the capability of stopping those kinds of stores. Amazon stops the sale. Asks for a sales receipt before the item can be placed back in the sales loop. No receipt, no resale.
@mrfabulous123 Місяць тому
They would lose too much money
@vietcongbuondanbannuocphan1791 Місяць тому
When seller get caught with stolen good ban for life.
@FireAngelZero Місяць тому
@@vietcongbuondanbannuocphan1791that won’t stop them, they can just find some other individual to trick/pay to sell on their behalf…
@boostedmaniac Місяць тому
I don’t think Amazon really cares. Nobody is pressuring them.
@boostedmaniac Місяць тому
@@vietcongbuondanbannuocphan1791 sure but just create another email account and use a different address.
@localnemesis82 Місяць тому
This is why I only buy ship and sold by Amazon. Unfortunately I don't trust other sellers in amazon.
@KK-pm7ud Місяць тому
Those can be stolen items too.
@squibbelsmcjohnson Місяць тому
Yes feed the corporation more then they already have.. FYI they basically steal from their own sellers.. They find hot selling items, and sell their own cheaper hurting their own sellers.. Disgusting af
@GimpCent Місяць тому
Amazon itself steals from the government and its workers... how are they even better?
@marquis-_5501 Місяць тому
That won’t stop you from getting stolen or counterfeit items
@damnitschris_ Місяць тому
@@marquis-_5501 at this point what isnt stolen or counterfit. unless you get it straight from the company you have no clue. Even then it could be counterfit since the factory could be next to the one copying it
@itziaf6568 Місяць тому
I work for a luxury store in south Florida and our store stays getting hit .. they come and take whole stacks of jeans leave the tables empty. They steal fragrances and is getting more and more frequent each pair of jeans or fragrance is at least 300-500 is really scary to the employees because we don’t know how far they can go to steal.. is really gotten out of hand
@lucakat9262 Місяць тому
We need to stop wanting luxury brands.😮 It's becoming a problem.
@T.Harry79 Місяць тому
@@lucakat9262 If your logic is true, will the thieves all of a sudden stop stealing? Let’s be more realistic.
@lucakat9262 Місяць тому
@@T.Harry79 oh ffs, you be 'realistic.' You know you want those Nike Shoes and Chanel cologne and all that stuff. It could be counterfeit too. But it's all good because you know you gotta have it!🙄
@lucakat9262 Місяць тому
I still think it's at one of the things that happens.🤔
@PreferredCustomer 5 днів тому
Thieves don't wanna steal ugly knockoffs. You don't hear about Goodwill getting looted.
@KJVirander Місяць тому
A lot of these stores are kicking and screaming about theft yet when you go into a lot of their stores there’s rarely ever a LP officer or even any employees around; even when there are employees they’re not allowed to engage with the thieves due to fear of lawsuit or fear of the thieves having a gun.
@cynthiamackenzie2273 Місяць тому
And their cameras are OFF!
@PreferredCustomer 5 днів тому
So uh....why don't you just steal then, too?
@mikeshafer Місяць тому
Eventually brick & mortar stores will just become gigantic vending machines. Go in, pick what you want on a touchscreen, swipe your credit card, and the items are brought to you via robots.
@T.Harry79 Місяць тому
That will be the next step.
@sunflower8035 Місяць тому
😂 pretty good idea.
@ah7830 Місяць тому
They will charge a tip at the end too😂
@SarahD-uy5pf Місяць тому
Yep
@internetperson8911 Місяць тому
That's already online shopping with less steps.
@chasefasten4120 Місяць тому
I work for a major retailer. We get hit several times a week by several theft rings. They steal $2000 each trip with two perpetrators. Sometimes they will hit multiple times in the same day. They steal "Nike" and "Adidas".
@lluow Місяць тому
I live in Australia. I frequently buy online. I notice luxury goods from the United States are significantly cheaper lately. I wonder if they are stolen goods.
@outsidethebox218 Місяць тому
Retailers should make "dummy" models, like a dye pack in a bank. Keep the real product in the back. At least for the high end stuff.
@the240journey Місяць тому
You think retailers would do this when they're moving more towards self service models. Self checkouts, less workers on-site. The problems seem to stem from both local law enforcement and retailers wanting to save as many bucks as possible. These stores I'm sure are insured if the theft is big enough to impact margins.
@steviewanderer Місяць тому
Beats the purpose of having a sales floor and product displays, doesn't it? How fcuking ridiculous would that look like in reality. And what constitutes high-end, when it's everyday items like diapers, razors, and deodorant that are going missing?
@SgtJoeSmith Місяць тому
@@steviewanderer some places and products, power tools for example maybe a non working "display" you can holds and feel (attached to a cable lock) then take an empty box or paper slip to the register to buy it.. computer stores back when they were around had empty boxes of components on the shelf.
@bonkers6214 Місяць тому
@@the240journey insurance will drop you if you make too many claims, its for emergency use not for theft being business as usual. When an insurance company rebuilds a burnt down house, they will not insure it again after that if it is an area prone to wild fires.
@pura517 Місяць тому
When I worked at TJ Maxx many years ago the shoplifters would boast about it in the store and would call it free j. Maxx. The company said we didn't need an LP officer.
@MaekarManastorm Місяць тому
No one cares
@Steppinonshii 9 днів тому
😂😂
@jackhutch Місяць тому
17 mins blaming Amazon, retailers, consumers and organizers but no mention of the thieves actually stealing the products and the prosecutors who put them right back on the street to do it again 🤪
@rick4580 20 днів тому
That's because the number of petty thieves is effectively infinite as long as there's organized crime and resellers of stolen goods who pay those petty thieves to steal.
@Un_biased_opinion Місяць тому
Shoplifting in California is generally considered a misdemeanor offense if the value of the stolen merchandise is less than $950. This means the possible penalties include a fine of up to $1,000 and up to six months in county jail. However, there are some exceptions. Shoplifting can be charged as a felony if the stolen goods are worth $950 or more, or if the theft is part of an organized retail theft ring. Additionally, a shoplifting conviction can be a felony if the defendant has certain prior convictions.
@Missfoxtooyou Місяць тому
I’ve dealt with this working in a Ulta in San Diego, these boosters can and will be violent. And shoppers would ask why we didn’t stop them, my reply was always life is priceless, a fragrance is not!!!!
@djpuplex Місяць тому
Going soft on crime isn't the answer. Its astounding how tone deaf the media and politicans can be. People are getting feed up with this nonsense.
@TEverettReynolds Місяць тому
So... the USA should build more jails, is what you are saying?
@djpuplex Місяць тому
@@TEverettReynolds Allowing people to break laws without punishment is what you suggest? Robbing stores no problem if these people bust through your front door you may feel different.
@jacksonduruy4303 Місяць тому
You see SWAT teams raiding people's homes over this in the video, idk how "soft" we're being here
@macmiller1678 Місяць тому
We need to stop protecting criminals, store employees should be allowed to go hands on in order to protect their merchandise that’s the only real deterrent that thieves fear.
@tony_5156 Місяць тому
@@TEverettReynolds Make them bigger? Yes please We are tired of this softness in society. No more slaps on the hand, time to get serious and harsh.
@obey2dmax Місяць тому
The retail ecosystem is a paradox of gray area, whereas all entities with the likes of the industry itself, players, politicians, and consumers intertwined, and the gray area is so convoluted that the industry itself just accepts retail theft as the new norm knowing it can easily pass the 'surcharge' to consumers and use inflation as the real excuse.
@aanaa7326 Місяць тому
Companies that got stolen should share the stolen inventory data (quantity, brand, item description etc) to the Amazon and other online market places, so that it would be easy and accurate to track down those thieves!
@anniehills3580 Місяць тому
Thank you, PD!!❤🎉 GOD BLESS YOU AND KEEP YOU SAFE FROM THE THIEVES!!
@Daniel09King Місяць тому
🤣😂😅
@jaytang4954 Місяць тому
i was explain to some one this is how it works amazon takes a 30 % cut from resellers they only take a 4-5% for the official brand so lets say a $60 item amazon would make 18ish bucks off the reseller whether or not its stolen same item from the brand less than 3 dollars for amazon they make 6 times the profit from stolen goods than legit products they may as well be a fencing platform from now on wonder why amazon never cracks down on the resllers selling for sure stolen goods? this is why same thing is happening on Walmart's online platform
@SuperPlayz Місяць тому
I doubt the fee for official brands. They are likely paying around the same. Official brands already make profit margin from the difference of manufacturing to the wholesale price that they would sell to regular retail stores.
@dannydaw59 Місяць тому
Amazon had to reimburse the lady who bought the cosmetics in this story. There's more risk with resellers.
@SuperPlayz Місяць тому
@@dannydaw59 amazon just charges the seller with fees. They got access to the sellers credit card I wonder how much Amazon took out while they are were locked up
@lucakat9262 Місяць тому
Wait? Walmart has a selling platform like eBay and Amazon now? What?
@hustle_simmons Місяць тому
@@lucakat9262 Yeah its how you ended up seeing listings for like 700 dollar PS5s on Walmart from 3rd party resellers on there.
@syntekz317 Місяць тому
Things are so backwards at this point that these companies are afraid to speak out publicly against theft? Is that one of the take aways from this story?
@FourDollaRacing Місяць тому
You did what!?
@T.Harry79 Місяць тому
From a broad perspective, everything is so backwards now. I believe it’s done on purpose to usher in another significant event. That might be one of the reasons why the companies aren’t speaking out. I might be wrong, but I was totally correct about things going to crap at a faster pace during the shutdown.
@sunflower8035 Місяць тому
They are afraid they’ll be canceled and that Hollyweird will tell them that was a shameful act 😂 #cancelHollywood
@gladitsnotme Місяць тому
The merch companies aren't the ones who need to speak out, the retailers are.
@Orrion_the_Kitsune Місяць тому
No, they get to write the theft off on their taxes because it's cheaper than an employee getting injured or killed, and it's similarly cheaper to let people steal than find space for them in our crowded prisons full of homeless people and marijuana users. Seems like capitalism's a little counter-productive, huh?
@metatrongroove2824 Місяць тому
HELP I ACCIDENTALLY BOUGHT THOUSANDS OF LIPSTICKS AND NEED TO RE SELL THEM!!!
@yashpatel-su2mg Місяць тому
I can help you sell them, tell me your address, I'll SEND YOU LAW ENFORCEMENT TO HELP YOU SELL LIPSTICKS.
@helenaroman1543 Місяць тому
Right? I don't even see why people buy from Amazon anyway. There's too many knockoff's on there. I get my makeup on ipsy. Amazon is ridiculously expensive.
@markymar4w Місяць тому
Lol 😂
@ciaojeffitalia Місяць тому
Keep up the Good Work. The Blue Voters don't Vote Change. So don't change.
@ramseythng9538 Місяць тому
In my country, you get beat up death if you're robbing stores or stealing anything. But in USA people just wait & see it. Sad 😢
@Stillswingingforthefences Місяць тому
What did the state of California expect when the laws is so loose with smash and grabbers?
@cereal76 Місяць тому
You think Cali is the only state with this problem?
@jayyy5270 Місяць тому
Organized retail crime is a very different thing than rioting events and small time thieves. The higher dollar thresholds exist specifically so they can go after organized crime more effectively, without crushing people that are already in poverty. Small thefts are a drop in the bucket compared to that. And they don't have to pay 40k/yr/prisoner in those cases. It's cheaper. It's more effective in stopping the crime. One of the many reasons Cali economy is better than any red state.
@cjude6189 Місяць тому
@@Stillswingingforthefences Did you just comment without watching the video? It is a cross state operation. The women Michelle from the California mansion is the top woman of operation that ultimately sell them online. The police charge stated that she organized dozen woman to stealing across states. The woman operate from East coast to west coast. At least accord the retail industry spokesman in the video, it is amazon's fault that allows sold stolen good in a easy and massive amount even internationally.
@suncam57 Місяць тому
I'm in Florida, and theft is pretty bad here too. Sawgrass Mills, a huge mall outside of Ft Lauderdale, was just hit yesterday by smash and grabbers who used pepper spray on Neiman Marcus employees. That mall has had similar robberies in the past. Florida is notorious for financial fraud, including tax fraud, ID theft, and Medicare fraud.
@ChillRichard Місяць тому
ah yes, blame california for a national crime!
@ivand0007 Місяць тому
The increase in retail theft is right in front of our eyes and the media still wants to down play it😂😂
@Pesci.45 Місяць тому
Ya and borders wide open for terrorists from all over the world
@jayjya Місяць тому
Because it’s not
@guydreamr Місяць тому
CNBC, a front and center member of the mainstream media features a story on retail theft and yet you are saying the media are downplaying it 🤣🤣
@izzybecerril4585 Місяць тому
What video are you watching 😂 they’re literally arresting a lady front and center and it’s being downplayed? 🤡
@janinehudak7659 Місяць тому
So sad. It ruins things for everybody who used to enjoy shopping in person and it's tough on the employees and managers. I sure hope things get better.
@NCPhotography Місяць тому
People who point at insurance really should file multiple claims within a short period of time and see what happens to their insurance rates.
@ganymedehedgehog371 Місяць тому
Even if they don’t increase your insurance they could easily just deny the claim because insurance companies are meant to not pay out claims.
@philipp3001 Місяць тому
I work in retail and this is not how retail insurance works. Insurance doesn't cover stolen items. most corporations pass on the losses to the consumer by increasing prices. Company that I'm working at right now just did inventory. now we know which items are being stolen very often so those items prices are going up to cover the losses. companies won't lose money.
@SgtJoeSmith Місяць тому
rates? they drop you if you have 3 claims in 3 years.
@ShelliLK Місяць тому
That’s after paying the deductible - then will have big increases and increased deductibles and/or theft excluded altogether. Or, they’ll simply cancel and then it’s next to impossible to find new insurance. If do it’s going to be astronomical and awful coverage. Finally, the rate increases are also spread out to all policyholders. We all pay for it. Insurance companies do not have money trees. The premiums are deposits to bank account. A good portion of the premium is operational costs, it’s reinvested to make money. They are for profit companies with stockholders or members …. They have to make profit or they lose their financial ratings. It’s ridiculous- insurance is not supposed to be “used”. It is intended for the unforeseen/unexpected claim’s. It’s a necessary evil. It’s not a savings account!!! I’ve been in the insurance industry over 40 years.
@alvarortega2 Місяць тому
I dont get it... how cant basic accounting and/or taxes not identify a company like that for 10+ years!? Whats the cost of goods sold? Cash? Making millions and not paying taxes?
@annemarie3811 Місяць тому
I’m an attorney and CPA, what flag are you imagining? The income is paid via Amazon, reported and taxed. Expenses? The company lists what they paid for the items, if the ratios don’t look like they’re claiming high costs, what would flag an audit? There’s no reporting system for purchases of wholesale goods. If they accurately claim what they paid the boosters, and log paid in cash, there isn’t even a tax issue if they were to be audited. Cost of goods sold is only a relevant term for a company that elects accrual based accounting and many don’t. Most don’t actually until you get into multi multi millions in annual income.
@SuperPlayz Місяць тому
The IRS is not responsible for reporting crimes other than tax evasion
@asha8443 Місяць тому
Yeah, the irs is going after taxpayers to get money instead of actually going after these fraudulent companies/people.
@FreshlySnipes Місяць тому
It’s funny that they are trying to frame this as a benefit for the people when in reality they are protecting the big companies.
@moonkey537 Місяць тому
There is a bit of everything. My feelings on the subject matter were not persuaded by any of this reporting
@guydreamr Місяць тому
Well, it ultimately affects the people as well since more retail theft means more higher prices for the rest of us.
@mokakumi Місяць тому
We need to care because of the many small businesses there are in the US market. Small businesses get hit by ORCs and we need harder chargers.
@LegalNovi Місяць тому
Counterfeits are bad. You buy fda approved cosmetics then turns out it was counterfeit manufactured at China? You never know what's on it. What if they have cancer-inducing chemical in it? It's not like this thieves are selling it for free. They took lots of profits too
@a.randolph8112 Місяць тому
This is why I don't buy high ticket items off of Amazon. Items I do purchase, I make sure is sold/shipped by Amazon.
@vshah1010 Місяць тому
Amazon brand is usually lower quality than the original or than another seller.
@PreferredCustomer 5 днів тому
Small price to pay for cheap Chinese crap that Amazon will happily replace if it fails to arrive.
@lizab7625 Місяць тому
Oh my goodness, US consumers are going to suffer on theft. Mostly the store is going to pile the lost money and slowly increase the price. And also as consumers, at what point does stores get to increase the costs? Is there a price ceiling? Price index? Right now, the wages is not catching up with the inflation. Then we have these types of theft and crimes, and we are also dealing with inflation. At what point do we say, enough is enough? 17:05
@lynnjudd9036 Місяць тому
I wonder if these companies might be using all those tools to combat the sale of stolen goods on the one hand and profiting on the other. The companies that did respond seem to be using well rehearsed ones.
@lucakat9262 Місяць тому
That's interesting. And when it comes to making money, I wouldn't be surprised.😮
@angelogonzalez2034 Місяць тому
There is honestly no way to tell if something is stolen
@mokakumi Місяць тому
There is if the implement of RFID chips on the merchandise. Track data of the merchandise leaving without being paid for. Every RFID chip is unique and you could track to see where that merchandise came from to know if it was stolen.
@paulking4490 Місяць тому
3 times i ordered from Amazon and never received product eventhough they swear they sent it. I no longer deal with Amazon!!!
@AwokenEntertainment Місяць тому
wow, I never would have thought that while shopping on amazon we are at risk of buying stolen goods..
@T.Harry79 Місяць тому
Every consumer wouldn’t think that while making a purchase.
@Cholulasmom Місяць тому
Bravo ☝🏼 this is why malls are dying, retail can’t keep staff, and these thieves get more brazen. Also all those cosmetics you see in this edit will have to be destroyed in a landfill. Cosmetics need to be stored in a cool dark environment, and there is no way to know if they’ve been contaminated so they will not be sold. Don’t perpetuate crime, loss of employment, and a bad economy from loss of local tax!
@lucakat9262 Місяць тому
I was thinking that when I saw the merchandise. Especially makeup. So, yes, we can now list crime as another problem we have with plastic on the planet.🙄🤔
@ybergik Місяць тому
"Unsuspecting buyers"? If the item is brand new and is sold with a huge discount from a private person, who also happens to have a lot of other brand new stuff for sale below market value, how can you really claim to not know it's almost certainly ill-gotten goods?
@FourDollaRacing Місяць тому
Because Amazon...
@jessica33313 Місяць тому
Because companies get discount for buying bulk! Or it can be old products. So yes, unsuspecting buyers.
@lucakat9262 Місяць тому
@@jessica33313 overstock too. If they overstock items, then they'll bring the prices down to sell.🤔 At least, for a period of time.🤷♀️
@ChillRichard Місяць тому
because there's this thing called buying in bulk and selling for cheaper on amazon
@pedro.alcatra Місяць тому
Stunning the amount of effort the governament can put in something ment to protect only bilionary companies
@peterbedford2610 Місяць тому
Where are they selling the stuff?? I've looked everywhere
@mitchellortiz3689 Місяць тому
Amazon. It’s gone so far down hill… half the stuff on there is either stolen, or pulled out of a dumpster behind a store. Walmart’s resell site is also really bad (though it’s funny they let people sell stuff stolen from their stores in their own site).
@user-dk3up2nl1m Місяць тому
Ebay...Ali baba...etsy
@MaekarManastorm Місяць тому
Did you check up Uranus
@SarahD-uy5pf Місяць тому
@@MaekarManastormplease find Christ
@hobarttobor686 Місяць тому
when an arrest is made, how long before the prep is back on the street? Amazon doesn't run the criminal system, or lack thereof.
@AA-cp8ry Місяць тому
How is this possible for these retailers to not notice the losses? Hard for me to imagine, especially in today's electronic age.
@cjtsn466 Місяць тому
I had a little online business selling various items but I couldn’t do it anymore because there are stores selling items so cheap and I always wondered how.No matter how cheap I sold these items I couldn’t sell as cheap as some stores
@Epitin Місяць тому
Thank you for this business idea. Life is too damn difficult right now, we gotta hustle.
@FourDollaRacing Місяць тому
🤣
@T.Harry79 Місяць тому
Seems lucrative these days!! Let’s eat!!😂
@0ptimal Місяць тому
If its hard times yòure worried about be certain that you're behavior will cultivate more. Very real chance this spirals into a state where you'll be stealing canned beans, for u and your family to eat, instead of something to buy your new watch with. There is no good outcome to mass parasitic behavior.
@areelu-classicwow5845 Місяць тому
Love how the Gov blames Amazon. Not the people committing the crime. People that want to commit crimes will always find a way to do so, and how lovely that CA provides a no recourse state to do it in.
@stinger15au Місяць тому
Crime rates are almost a direct correlation to the conditions of the society they belong too. People haven't changed in 2000 years. Low crime rates tend to come from places where ALL the citizens basic needs are met comfortably. In a ironic kind of way, capitalism IS to blame. You can't have a system that systematically moves wealth from the bottom to the top while also making that top further and further away and not expect consequences. You could have a million police, if the economic conditions around house prices, basic needs, healthcare and education continue to decline, crime will continue to rise. The government knows this of course, they rely on the self fulfilling loop that makes spending more tax dollars on fearmongering and police equipped like its ww3 easier to explain to the public. It will inevitably collapse at some point though, it's only a matter of time. The exact scenario's might be different throughout the centuries but history always repeats.
@themedicalmarvels Місяць тому
It makes more sense to fix the gaps in a leaky bucket than to deal with individual drops that fall through. Government is big picture, your local law enforcement is individual
@madbug1965 Місяць тому
It doesn't help that the retailers just let people walk out the store without trying to stop them. In the old days retailers used to stop shoplifters from leaving the store. Not stopping shoplifters just encourages more shoplifting....
@themedicalmarvels Місяць тому
@@madbug1965 lol “the old days”
@stinger15au Місяць тому
@@madbug1965 Why would someone making minimum wage put themselves in harms way, when the company sure as hell doesn't care about them. As I said above, its a systemic thing, crime rates are determined almost perfectly by the health of the society. It literally makes no difference what the retailers do, if the underlying situation isn't improved, crime will continue to increase.
@tieshafranzen6686 Місяць тому
As someone how has worked retail since the early 2000s i promise you, retail theft is increasing every year. And i dont see it getting better. People feel entitled to these things for free while the people around them pay for the items. Its infuriating and sick.
@nkugwamarkwilliam8878 Місяць тому
People are so quick to blame Amazon like the people have been arrested I think the police should just keep working at it nothing is perfect every system can be taken advantage of in one way or another what matters is that when those are caught the full action of the law kicks in instead of blaming amazon because they are big
@XxXK9 Місяць тому
Amazon spends millions on ai on their “cloud”. To prevent these things from happening. Clearly is not working. 🤖
@TEverettReynolds Місяць тому
Amazon profits from stolen goods and makes it too easy to sell them, so it has no interest in stopping any of it. Seriously, you can't catch all the robbers, but you can make it more difficult to sell the stolen goods since you know most are being sold on Amazon. That's why you target Amazon.
@SHELDONSMITH Місяць тому
Amazon is for sure partly to blame. E-commerce companies went to Congress to pass a bill (section 230 of the Communication Act) for them to have protection against 3rd party sellers an advantage not afforded to retailers.
@Greatmount Місяць тому
Why is Amazon associated with many negative outcomes? Selling on Amazon is advertised as a way to gain financial freedom. Amazon could probably check if the people obtained the goods were legal. That means providing receipts.
@rafsccp Місяць тому
You need to blame you government that allows people to walk into shops and grab anything they want and walk freely
@phakeAccount Місяць тому
Amazon should be held accountable for incentivizing the theft of goods for resale.
@Animeforeternity691 Місяць тому
Brands can limit who can sell on Amazon. Not just any store can sell brands like Ugg and Nike. These brands ask Amazon to restrict sellers.
@jeremyk9870 Місяць тому
Blaming Amazon? Why not blame the thieves? Why not blame the politicians protecting the thieves? Why not advocate for harsher punishments for theft? I'd rather live in a world where the thieves are removed from society rather than the online retailers being more strict.
@KK-pm7ud Місяць тому
You haven't worked with Amazon before as a supplier. They blackmail you into selling directly on their site before they police stolen goods for you. They can stop much of this but they refuse to.
@Cherrypieqam Місяць тому
Yeah! And in California not just harsher punishment, just punishment! Where shoplifting under $1000 is not a crime.
@tru5919 Місяць тому
@@Cherrypieqam The threshold is design to effectively take down organized crime without burdening the improvished. This can be quiet cost effective when you look how much it cost annually per prisoner. If California were to simply be harsher on crime, essentially your saying "build more jail" as if they can just snap more jails into existence.
@leok7193 Місяць тому
You can try to blame thieves, but the real reason this exists is the demand from unscrupulous people who go out there and buy all of this, especially on purpose. When there's a demand, you can't stop the crime with punishment because others just step in. Just look at the drug flow.
@DesertbikerAZ Місяць тому
Amazon as a major online storefront which allows these stolen goods to be sold as a distributor is part of the problem. Definitely.
@MondoBeno Місяць тому
I won't blame Amazon. All you can expect them to do is report suspicions.
@azioprism3635 Місяць тому
instead of letting the criminals walk out the store with your supplies, maybe start from there.
@marciawade9101 4 дні тому
If the question of if the actual companies are in on these theft rings is even being entertained, then, the answer is YES, they're in on it, for a variety of reasons: -the companies can write off thefts as losses on their tax returns, thereby lowering their tax burden -the companies can turn the losses in to their insurance companies and get a hefty check -the airing out of theses crimes to the public can gain these companies free advertising by making people think that these products are so GREAT AND SUPERIOR, that people just wanna STEAL them. Yeah they're in on it. 🤷
@SuperPlayz Місяць тому
Wow crazy, I need the source for these products just for research purposes only
@mikemichaud5578 Місяць тому
Unfortunately due to this situation in this video is in California these criminals will be back on streets in less than 48 hours
@xwrtk Місяць тому
My mom’s one friend works at a grocery store in California and theft each month isn’t uncommon. A bunch of people they caught with police help didn’t get out right away aside from elderly and minors if no long prior offenses. She resides in city that has been unaffiliated/non-partisan run for years.
@user-qb8qm4mp5n Місяць тому
They probably paid off shipping insiders. No way you could steal that much off the retail shelves.
@amazon4716 Місяць тому
Amazon and other resale sites need to do something.
@AllineedisKIMI Місяць тому
aaaand that is why Marshalls and Tjmaxx sounds a symphony with all alarms jumping to the minimum touch...
@8kplumber631 Місяць тому
Maybe we need to stop shopping on Amazon to minimize this kind of thing happening
@MaekarManastorm Місяць тому
Maybe you need to stop making dumb comments
@PeterRoos Місяць тому
Thank you to all the law enforcement officers who fight crime. You are the last resort against chaos. The politicians and lawmakers and the voters are guilty for allowing all of this to happen, allowing petty theft to no longer be a crime, encouraging criminals.
@francescobaruffi999 Місяць тому
We need to instill strong morals to our youth to prevent this type of behavior in the future. The fabric of our society is eroding before our eyes.
@IglesiaPentecostalElArca Місяць тому
What the people know about this retail theft is that the robers will be release in few days to repeat the cycle. So yea is a lost cause.
@thepekingduk Місяць тому
how about prosecuting shoplifters?
@kynm1480 Місяць тому
Family dollar would get so bent up over the loss we experienced each year at inventory. Even set up more cameras over the registers because they were convinced it was internal theft. The real issue is that they will only schedule 1 employee per shift to clean, monitor, stock, and check people out. They give out limited hours to our stores making it very difficult to schedule at least 2 people per shift.
@manb4war Місяць тому
We skipped over the most important part of this report. Retailers are exaggerating the theft that's occurring in their stores in order to justify their plummeting sales. I walked into a popular sporting goods chain last weekend and there was almost no one in the store. Go into major clothing retailers and you see the same thing. People are shopping online and it's killing the retail industry, who has stubbornly refused to conform. Think about the irony of that. These stores are too stubborn to conform to a new age of how people show online and their empty stores have literally become depots for black market goods that are being sold online anyway.
@colbymoore12 Місяць тому
This is not an Amazon problem... This is a retail and government issue that allows shop-lifting. Let workers stop shop-lifting!
@cpfishfan14 Місяць тому
as a worker i could care less. I am not risking my life over this. have amazon be liable for profiting off stolen goods, they will come up with a solution real fast.
@SarahD-uy5pf Місяць тому
100%
@benjamindover4337 Місяць тому
Thank God someone is finally standing up for the interests of multinational corporations.
@JB-IGOR Місяць тому
Found the thief
@benjamindover4337 Місяць тому
@@JB-IGOR Neither the corporations nor the government ask your permission when they tax you to fund their security. So who's the real thief here? Think about that.
@JB-IGOR Місяць тому
@@benjamindover4337 so you don't like taxes?! Okay, what's your point exactly?
@michaelhutchings6602 Місяць тому
@@benjamindover4337I’m 14 and this is deep
@Zakerath Місяць тому
Haven't been able to buy SO many items, because things don't show up as out of stock, when stolen, and probably get stolen as soon as restocked.
@rooroo5580 Місяць тому
Can’t stand a thief 🤮🤮🤮🤮🤮
@normp3273 Місяць тому
The report focuses on shifting blame to the stores or companies as if they are encouraging this behavior. I realize this is a nuanced conversation but what's driving these people to commit these crimes? The answer is obvious.
@TEverettReynolds Місяць тому
> but what's driving these people to commit these crimes? Really? People have been committing crimes for as long as civilization has existed. There is nothing new here causing any of this. Some people are just bad...
@JoshuaLeib Місяць тому
Excess demand for cheaper goods . Thief’s have no cost of sales as they steal inventory for free…This means that they can sell for cheaper than retail while profiting significantly (rev-0 cost = 100% gross margin)
@joefer5360 Місяць тому
@@user-cp2jh4yr4q Wheter you bang on the block or the boardroom for your millions, it's all blood money of the underpaid working class.
@QueenDany69 Місяць тому
i dont care if they steal food
@evielknievel4972 Місяць тому
Can you do a sting operation to expose banks stealing from people, high taxes being milked from regular people? This does not help consumers. Prices will never go down.
@annettewilcox5413 Місяць тому
And massive amount of wage theft. $50 billion a year.
@DebM122 Місяць тому
Why did it take 12 years to arrest her? Lock the thieves up and stop this crime from happening going forward.
@jaysgone2020 Місяць тому
No wonder why our Ulta keep getting hit.over and over and over again!!! I'm surprised our location hasn't shut down. This is crazy+
@Cherrypieqam Місяць тому
What to expect in a state where shoplifting is encouraged by politicians by making shoplifting under $1000 not a crime.
@blockbullyrecords5417 Місяць тому
Bruh we are the only state to send criminals on death row consistently thats why every other state has a million unsolved murders worrying about petty theft 😂😂😂😂
@labitcoineragt3596 Місяць тому
This is ridiculous, the consumer is a victim but ALSO the businesses and companies that are losing thousands a day which will cause stores to close and people to be unemployed! But the fault lies SOLELY upon the laws that have done nothing but harm, especially in CA! I would sue the state of California if I was a retail for start ups.
@martingo2680 Місяць тому
Lol😂.. The stores never lose. They have insurance and report more than what they lost. If anything they profit off stolen items
@0ptimal Місяць тому
Let it get crazy, clamp down w new restrictions that everyone says are ok because of how crazy it is out there. What if all the while that craziness was intentionally cultivated. Seems to direct or reform a society into a new paradigm that differs from the current, such methods are required. Gradual pressure applied in the right ways.
@Davethreshold Місяць тому
Fantastic report, Courtney! Honestly, I very rarely see an item on Amazon that has a huge discount, such as 40% cheaper than the stores. I get why they target beauty products! One little bottle of something can be $75. Think of how much money was in those Ulta boxes, that are three cubic feet!
@barkingspider056 Місяць тому
As an Amazon shareholder, this is disappointing to see, these transactions are important for our profits.
@JinNani224 Місяць тому
California should have never allowed it to get this bad in the first place
@chelseagirl278 Місяць тому
EXACTLY, their own fault!!
@T.Harry79 Місяць тому
It’s not just California.
@ahsanmohammed1 Місяць тому
How are they stealing this stuff?
@mechasentai Місяць тому
Walk into a store grab it and run. No offense but did you really not know that?
@ahsanmohammed1 Місяць тому
@@mechasentai volume
@T.Harry79 Місяць тому
Watch the video.
@Sovereign_Citizen_LEO Місяць тому
eBay must be by far the worst offender in terms of quantity and value of merchandise fenced. I'm quite surprised CNBC didn't attempt to contact eBay regarding this story.
@Ron_EZ 17 днів тому
If only they stopped these people before they get their hands on these stolen items! 🤔🤷♂️💩
@n.curtis47 Місяць тому
Retailers throw away thousands of dollars of products, so what happens when people dumpster dive?
@martinketchum Місяць тому
then go dumpster dive and dont steal in the store
@themedicalmarvels Місяць тому
@@martinketchumor do both?
@glenrey72 Місяць тому
I asked a friend who works at TJMaxx about that and she said they destroy the product before throwing it way. @@themedicalmarvels
@lucakat9262 Місяць тому
Yeah, I see your point and you know some people resell it online as a 'new' product when, in fact, you'll be lucky if the product doesn't go bad by the time you get it in the mail. Meaning: many beauty products have parfum/fragrance and sometimes it is hard to tell if the product has gone bad. I guess, if you buy it and it makes your face break out, you might think it was the product? It's hard to say and hard to tell unless it turns color or something?🤷♀️
@truneilson Місяць тому
People who plead "Not Guilty" and are convicted should get an extra 5 years added to their sentence for wasting the courts time and taxpayers money.
@junzhengca Місяць тому
Given the fear of wrongful conviction. That will just make innocent people plead guilty.
@lurekayaklrf Місяць тому
Don’t know about america but in the U.K. you get a credit for pleading guilty which is basically what you’re saying. Puts people off from risking going NG if their case is weak.
@lurekayaklrf Місяць тому
Don’t know about america but in the U.K. you get a credit for pleading guilty which is basically what you’re saying. Puts people off from risking going NG if their case is weak.
@lurekayaklrf Місяць тому
Don’t know about america but in the U.K. you get a credit for pleading guilty which is basically what you’re saying. Puts people off from risking going NG if their case is weak.
@markb1170 Місяць тому
A wrongful conviction can happen to anybody. I’m not siding with criminals, but rather the actual innocent people who plead "not guilty" yet get sentenced. If a loved one of yours or you yourself gets wrongfully convicted regardless of their/your innocence, I‘d like to see if you still think that 5 extra years added is justified.
@ah7830 Місяць тому
The problem is that the thieves can get it for free and the honest person has to pay premium price.
@Iquey Місяць тому
Stores that are targeted for retail theft: understaffed, and treasure hunt type stores like TJ maxx, ross and off price liquidation stores. Often they have luttle to no formal inventory system as well so tracking theft is less stringent .
@goodwindvlogs Місяць тому
How about investigating big government and big corporations?
@FourDollaRacing Місяць тому
How about taxing corporations to pay for government spending?
@duran9664 Місяць тому
🚩Imagine this “constant raids” are against the true criminals of corrupt bankers & Wall Streeters😒
@Zakerath Місяць тому
The locked shelves seemed like a minor inconvenience, until stuff like taking a half hour to get someone with a key, for a $7 item, or everyone with a key clocked out 2hrs before close
@aeromtb2468 Місяць тому
the public forgets the CHP is actually our state police
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