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Property crime is a category of crime, usually involving private property, that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime is a crime to obtain money, property, or some other benefit.
The NICB hasn’t yet released its full auto theft report for 2023, but 2022 data points to states in the West and the Washington, D.C., area as key areas for motor vehicle theft, while New ...
Motor vehicle theft or car theft (also known as a grand theft auto in the United States) is the criminal act of stealing or attempting to steal a motor vehicle. In 2020, there were 810,400 vehicles reported stolen in the United States, up from 724,872 in 2019. [1] Property losses due to motor vehicle theft in 2020 were estimated at $7.4 billion ...
To calculate the loss on residential property that was converted into a rental, prior to the sale of the property, Treasury Regulation section 1.165-9(2) states that the basis of the property will be the lesser of either the fair market value at the time of conversion or the adjusted basis determined under Treasury Regulation section 1.1011-1.
Retailers say they're seeing theft and rampant crime soar in their stores, prompting them to rethink how they operate, according to a new survey. 'Unprecedented' theft contributed to $112 billion ...
Costco has managed to keep a lid on the worsening nationwide theft issue. According to the CFO, shrinkage was between “0.1% and 0.2%,” during the most recent quarter.
Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] Loss prevention is mainly found within the retail sector but also can be found within other business environments. Retail loss prevention is geared towards the elimination of preventable loss. [2]
The well-planned robbery was at the time the largest cash theft ever in the United States and remains the largest theft ever at the airport. It was masterminded by members of the Lucchese crime family, including Henry Hill and Tommy DeSimone, who had pulled off the Air France robbery at the airport nine years earlier. Tensions among the gang ...