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Home / News / In down economy, big business for crime busters:Retailers face rise in shoplifting, employee collusion (access required)

In down economy, big business for crime busters:Retailers face rise in shoplifting, employee collusion (access required)

By Sam Boykin CHARLOTTE — They looked like a clean-cut young couple out shopping for Christmas, perhaps even looking for an engagement ring. But when the clerk at SouthPark Tiffany & Co. stepped away, the man reached behind the counter, grabbed a handful of jewelry, and the duo fled the store. The incident, which happened last Monday, was captured by the store’s surveillance camera. Police arrested the suspected couple a few days later. While this kind of high-dollar theft is relatively rare in Charlotte, shoplifting has been on the rise all year — up nearly 40 percent in the third quarter compared to 2008, according to Charlotte-Mecklenburg Police. And with unemployment still in double digits and Christmas right around the corner, it’s expected to get worse. That’s where loss prevention companies like Iverify come in.

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