D1- Evaluate the effectiveness of property law in protecting business organisations
D1- Evaluate the effectiveness of property law in protecting business organisations.
Introduction
This assignment will include information about property crime, how businesses deal with it and whether the punishments for property crime are effective enough.
What is property crime?
Property crime is a classification of crime that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime only includes the taking of money or property, and doesn’t involve force or intimidation of force against a victim. An example of property crime would be “A supermarket worker who was jailed for stealing hundreds of thousands of pounds of Asda gift vouchers "amassed a fortune" which she spent on luxury holidays, artwork and lavish ornaments, police have said. Jennifer Margaret Ward, 49, of Wigginton Road, York and her partner Alistair Gordon Lobban, 52, of the same address, were sent to prison for a total of three years following what North Yorkshire Police described as a "bizarre" and "complex investigation into theft and money laundering". http://www.timesseries.co.uk/news/national/news/10472406.Asda_worker_jailed_for_huge_theft/ Property Crime Rate
Here are the current statistics for the property crime rate within the UK
Shoplifting – 36%
Employee theft – 33%
Administrative losses – 25%
Supplier fraud – 6%
The total cost involved with all of this is over £3.4 billion. Latest figures from the Crime Survey for England and Wales (CSEW) estimate that there were 8.6 million crimes in England and Wales in 2013. Mobile phones were the most commonly stolen item in incidents of theft. This affects everyone as they are more cautious towards using their mobile phones and businesses that sell mobile phones will add more security when selling their phones.
Shoplifting represented the biggest problem to UK retailers which was equal to £1.224 billion. However, theft by employees was also a major concern which equalled to 33%.
Introduction
This assignment will include information about property crime, how businesses deal with it and whether the punishments for property crime are effective enough.
What is property crime?
Property crime is a classification of crime that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime only includes the taking of money or property, and doesn’t involve force or intimidation of force against a victim. An example of property crime would be “A supermarket worker who was jailed for stealing hundreds of thousands of pounds of Asda gift vouchers "amassed a fortune" which she spent on luxury holidays, artwork and lavish ornaments, police have said. Jennifer Margaret Ward, 49, of Wigginton Road, York and her partner Alistair Gordon Lobban, 52, of the same address, were sent to prison for a total of three years following what North Yorkshire Police described as a "bizarre" and "complex investigation into theft and money laundering". http://www.timesseries.co.uk/news/national/news/10472406.Asda_worker_jailed_for_huge_theft/ Property Crime Rate
Here are the current statistics for the property crime rate within the UK
Shoplifting – 36%
Employee theft – 33%
Administrative losses – 25%
Supplier fraud – 6%
The total cost involved with all of this is over £3.4 billion. Latest figures from the Crime Survey for England and Wales (CSEW) estimate that there were 8.6 million crimes in England and Wales in 2013. Mobile phones were the most commonly stolen item in incidents of theft. This affects everyone as they are more cautious towards using their mobile phones and businesses that sell mobile phones will add more security when selling their phones.
Shoplifting represented the biggest problem to UK retailers which was equal to £1.224 billion. However, theft by employees was also a major concern which equalled to 33%.