Organized retail crime is no longer petty theft. Coordinated networks steal high-value goods and resell them online or in stores, generating millions in illicit revenue while threatening employees, consumers, and communities.
Raul Aguilar, former deputy assistant director at Homeland Security Investigations, emphasizes that banks are critical partners in disrupting these operations. Suspicious deposits, shell companies, and unusual business accounts can signal criminal activity. When financial institutions collaborate with law enforcement and retailers, share information, and train staff on red flags, they help prevent losses before they escalate.
ORC affects more than merchandise. It drives up prices, forces store closures, and jeopardizes safety. Strong public-private partnerships give communities a fighting chance to counter these sophisticated crimes while protecting local economies.
