The New Hampshire Retail Association today announced the release of an update compilation of New Hampshire’s Shoplifting, Retail Theft, and Organized Retail Crimes Statutes.
Not to be confused with shoplifting, Organized Retail Crime (ORC) is an organized effort by two or more persons to convert illegally obtained merchandise into financial gain through theft or fraud. It involves the theft of multiple quantities of similar products, or thefts from multiple stores, multiple jurisdictions or multiple states, with the intent to resell or distribute. In 2010, NH was one of the first states to enact ORC legislation, making the offense a felony.
Nancy Kyle, President/CEO of the NH Retail Association commented “Organized Retail Theft costs the retail industry over $30 billion dollars a year, yet only 26 states have enacted ORC legislation. Because of our work, New Hampshire has some of the most aggressive ORC laws in the country, and there have been a lot of changes to the statutes in the past years. We wanted an easy to use resource for loss prevention specialists, law enforcement and prosecutors.”
In addition, the National Retail Federation (NRF) just released their tenth annual Organized Retail Crime Survey which strives to bring awareness to this pervasive crime that is occuring across the country.