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US JEWELRY INDUSTRY LOSSES FROM CRIME UP 17% IN 2014


The Jewelers’ Security Alliance (JCA) annual tally of industry-related crime has some disturbing numbers to share: although the number of crimes against the industry fell to 1,381, from 1,414 in 2014, total dollar losses rose 17% to $77.8 million, according to JCK Online.

According to the report, more crimes occurred at mall-based jewelers in 2014 than at any other type of store. Smash-and-grab robberies - which involve breaking open a locked case - remain a growing problem, with the number soaring 77% in 2014. Guns were displayed in only 36.5% of robberies, down from 65% in 2013.

In general, law enforcement has become more involved in stopping jewelry criminals, with arrests soaring to 694 last year, an impressive 64.5% increase.


 

 
 
 
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