7 crimes that shook the world of retail

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7 crimes that shook the world of retail
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Retail crime is commonplace enough, but occasionally thieves make off with massive hauls.

The fallout from the breach was massive, too. CEO Greg Steinhafel stepped down in 2014,and Target introduced a new, revamped chip-and-PIN credit-card standard.that the retailer ended up having to shell out $18.5 million to 47 different states in 2017 to compensate for the hack.Business Insider/Hayley Peterson

A gang of thieves in South Carolina was said to have made a hobby out of stealing from their local Hobby Lobby.that a gang of men, including a store manager, was accused of bilking the store of $1 million.Police arrested 17 individuals in connection with a San Jose theft ring.A ring of 17 thieves in San Jose allegedly made a killing off of stealing and reselling products in the early 2000s.The group, run by the Le and Vo crime families, was busted in 2008.

reported that the families would contract with independent shoplifters who would procure name-brand razors and over-the-counter drugs for resale. Cops seized semi-trucks loaded with $5.5 million of pilfered merchandise, as well as gold bars and diamonds.A Jared store. Between April 2015 and January 2016, a solo robber hit a slew of Jared Vault, Zales Outlet, and Reeds Jewelers stores throughout the southern US., the stick-ups all followed a similar playbook. Abigail Kemp was accused of pulling a gun on store employees, zip-tying them in the back room, and stealing watches and jewelry.

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