What are some examples of retail fraud and why is it a big deal?
The most popular form of return fraud is the return of stolen merchandise, which 92 percent of retailers said they experienced last year (pg. 9). Retailers have also been plagued when criminals return merchandise that was originally purchased with fraudulent or counterfeit tender or return merchandising with counterfeit receipts. Return fraud often raises prices for honest shoppers and forces retailers to change their return policies.