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Michigan Voices
Business
4:51 pm
Thu December 27, 2012
Michigan will crackdown on organized shoplifting rings
Governor Snyder has signed into law a new tool to crackdown on organized shoplifting.
Michigan retailers are near the end of a mediocre holiday shopping season. But the governor’s signature making the Organized Retail Crime Act law should bring smiles to many store owners faces.
The act will make organized shoplifting a felony with a five year prison sentence.
The Michigan Retailers Association supports the legislation. An association spokesman says shoplifting rings run by organized crime have become a “huge problem”.
Nationwide, shoplifting costs retailers $15 to $30 billion annually, with organized shoplifting gangs representing a growing percentage of the problem.
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