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Home > FAQ


FAQ

FAQ: What Exactly is Shoplifting?, Stealing, Theft, Boost, Rip-Off, Price Switching


Summit Loss Prevention Consulting provides insurance companies, law firms and businesses with professional loss prevention and investigative expertise and service options necessary to avoid costly losses and improve profits.

Answers to these, and other, frequently asked questions coming soon. Please check back shortly.

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What Exactly is Shoplifting?

Shoplifting is the commonly used term to describe the act (by a non-employee) of removing something from a retail establishment, during business hours, without making payment for it. An even more common word, 'stealing,' is also used to describe this act. In fact, there are no criminal statutes known as 'shoplifting' or 'stealing'; they are simply terms used to describe the act.

Shoplifting is a well-entrenched cultural phenomena as evidenced by the many slang terms used to describe the act that have evolved thru time such as 'boost', 'rip-off', 'jack', 'clip', 'get-over', 'gank', 'pocket', 'swipe', and the truly descriptive 'five finger discount'.

The act of price switching, or intentionally altering price tags or stickers on merchandise, is a way to pay an amount less than what the store owner actually intends to charge for the item. Price switching is another extremely common form of shoplifting.

Theft, petty theft and criminal conversion are the most frequent legal terms applied to the act of shoplifting. A variety of local and state laws cover the crime and the penalties for the offense vary based on the particular statute.

To learn more, read Shoplifting.

For information, call 317-363-8312, send email to info@SummitLossPrevention.com. or submit the short form below:

   
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Summit Loss Prevention  •  1427 West 86th Street, #404  •  Indianapolis, IN 46260  •  317-363-8312  •  info@summitlossprevention.com

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The local and Midwest markets we serve in and around Indiana include Batesville, Bloomfield, Bloomington, Boonville, Brownsburg, Carmel, Chicago, Cincinnati, Columbus, Derby, Detroit, Edinburgh, Elkhart, Fishers, Fort Wayne, Fortville, Gary, Greenfield, Greensburg, Indianapolis, Kokomo, Lafayette, Lebanon, Louisville, Marion, Mooresville, Muncie, Noblesville, Notre Dame, Peru, Plainfield, Richmond, Rockport, Rockville, Rushville, Smithville, South Bend, Syracuse, Terre Haute, Topeka, Union City, Valparaiso, Wabash, Warsaw, West Lafayette, Westfield and Zionsville.