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Manhattan DA Cracks Down on Major Retail Theft Ring

A significant legal action targets a Manhattan cosmetics store and its owners for operating a million-dollar fencing operation.

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New York City, NY USA September 8, 2022. Manhattan District Attorney Alvin Bragg announces charges on Steve Bannon who was being indicted in NYC Supreme Court.

Overview

  • The Manhattan District Attorney indicted two individuals and a business for possessing over $1 million in stolen goods.
  • Rehana’s Cosmetics, accused of being a central node in the theft ring, was raided, revealing a vast array of stolen items.
  • Items recovered included cosmetics, clothing, and household goods, highlighting the scale of the operation.
  • The crackdown is part of broader efforts to combat rising retail theft and violence in stores.
  • Retailers reported losses of over $112 billion to theft in 2022, marking an alarming increase from the previous year.