Magazine article Security Management

Jewelry Crime Trend: Cloudy with Silver Lining

Magazine article Security Management

Jewelry Crime Trend: Cloudy with Silver Lining

Article excerpt

On-premises jewelry store crime saw an increase of 12.5 percent in total losses in 2000 compared to the prior year. But that rough-cut statistic was one of the few blemishes on an otherwise glittering annual crime report from the Jewelers' Security Alliance (JSA). Among the other findings: attacks on traveling salespeople and couriers dropped by almost half in 2000, going from 323 incidents in 1999 to 180 last year. And homicides in the jewelry industry overall dropped to nine incidents (four of which claimed the lives of criminals), the lowest total in more than 20 years. In addition, total losses attributable to crime against the jewelry industry (both on premises and off) fell about 12 percent from 1999, to $117.9 million.

The reduction in off premises crime is the hallmark of the JSA report. Besides the drop in attacks on traveling salespeople, dollar losses fell 30 percent during the year. The JSA attributes this to "increased interest and proactive enforcement by law enforcement agencies, particularly the FBI, regarding jewelry crime" and "the increased awareness on the part of jewelers regarding security and the integration of modern crime prevention programs with daily sales and marketing operations. …

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