NYC Gets Worse… Shoplifters Raid Macy’s

Cash Jordan
19 May 202416:08

Summary

TLDRA major retail theft bust in Manhattan has led to the seizure of over a million dollars' worth of stolen goods from popular chain stores like Macy's, Walgreens, and CVS. The thefts are part of an organized retail crime wave, costing retailers $112 billion in losses annually. Despite arrests, the root causes persist, with shoplifters protected by laws and a thriving black market for stolen goods. The impact is devastating, with many stores closing, leaving empty storefronts and a rise in rents for remaining businesses. The video highlights the challenges faced by New York City in combating retail crime and its ripple effects on the economy and community.

Takeaways

  • 🚨 Major Retail Theft: A million-dollar theft ring was busted in Manhattan, with thieves stealing from major stores like Macy's, Walgreens, and CVS.
  • 🎥 Surveillance Footage: Exclusive video shows masked men in construction vests and Safari hats ransacking stores in a flash mob-style theft.
  • 📈 Organized Retail Crime: Police suggest that the thefts could be linked to organized retail crime, a growing issue affecting chain stores.
  • 📦 Massive Seizure: Over 450 boxes of stolen items were seized from a Midtown store, including designer purses, electronics, medications, and Lego sets.
  • 💔 Economic Impact: Shoplifting on a large scale is costing retailers over $112 billion in losses annually, a significant financial strain.
  • 👮‍♂️ Lack of Police Presence: The absence of visible police in affected neighborhoods may contribute to the ongoing theft problem.
  • 🛍️ Empty Storefronts: New York City is experiencing an increase in empty storefronts as a result of retail theft, with businesses closing and not returning.
  • 🔑 Legal Loopholes: Laws that protect shoplifters who steal under $1,000 without fear of jail time may be encouraging this behavior.
  • 🔄 Reselling Stolen Goods: Thieves are stealing from one business to sell at another, contributing to a $4.4 billion shoplifting economy in the state.
  • 🏚️ Ghost Town Effect: Entire neighborhoods are turning into ghost towns with closed stores, affecting the local economy and community.
  • 🤝 Criminal Networks: The theft rings involve networks of criminals, with some individuals acting as fences, employing others to steal and resell goods.
  • 🔄 Exporting Crime: New York City's retail crime problem is spreading to other cities and states, with criminals traveling to commit thefts.
  • 📈 Crime Techniques: Criminals are using sophisticated methods, including identity theft and credit card fraud, to steal from stores.
  • 📈 Rising Crime Rates: Retail theft is up over 55% in certain areas, significantly impacting local businesses and potentially leading to closures.
  • 🏘️ Impact on Communities: The domino effect of retail theft is affecting entire neighborhoods, with residents and businesses feeling the consequences.
  • 📈 Rent Issues: Despite empty storefronts, rents for businesses that remain open are still rising, as landlords seek to offset losses elsewhere.

Q & A

  • What was the value of the items stolen in the major retail theft bust in Manhattan?

    -The thieves stole more than a million dollars worth of items.

  • Which stores were targeted by the thieves in the retail theft bust?

    -The targeted stores included Macy's, Walgreens, and CVS.

  • What was the nature of the surveillance video mentioned in the script?

    -The surveillance video showed masked men wearing construction vests and Safari hats rushing in and ransacking a place.

  • What is the connection between the thefts and organized retail crime according to the police?

    -Police suggest that some of the thefts could be fueling organized retail crime.

  • How many boxes were used to transport the stolen items seized in the Midtown store?

    -It took 450 boxes to cart away the stolen items.

  • What was the total cost of shoplifting to retailers in the United States last year?

    -Shoplifting cost retailers over $112 billion in losses last year.

  • How many New Yorkers were arrested in relation to the thefts in just a week's span?

    -Eight New Yorkers were arrested in just a week's span.

  • What was the amount stolen from Macy's alone according to the New York DA?

    -More than $200,000 worth of goods were stolen from Macy's alone.

  • What is the issue with the storefronts in New York City as described in the script?

    -New York City has an empty storefront problem which is growing, with many stores leaving and not coming back.

  • What is the estimated size of the shoplifting economy in the state mentioned in the script?

    -The shoplifting economy in the state is thriving at 4.4 billion dollars.

  • What is the consequence of the retail theft for law-abiding citizens as described in the script?

    -Law-abiding citizens are the real victims, as they end up paying higher prices for items and higher rents due to storefront closures.

  • What was the name of the business that was busted for selling stolen goods?

    -The business was called Rahana's Cosmetics, Inc, operating online and out of a store on 6 Avenue.

  • How were the stolen products being supplied to the store mentioned in the script?

    -The stolen products were being supplied through a storage facility a block away from the store.

  • What is the impact of retail theft on the retail sector as described in the script?

    -Retail theft is causing a domino effect, leading to the closure of businesses and the creation of ghost towns in shopping districts.

  • What is the current state of retail theft in New York City according to the script?

    -Retail theft in New York City is up over 55%, and it's affecting not only local stores but also spreading to other cities and states.

  • What is the legal consequence for shoplifting under $1,000 in New York?

    -In New York, shoplifting under $1,000 is considered a misdemeanor, which means thieves are not facing severe punishment for minor thefts.

  • What is the landlords' strategy in response to the increase in retail crime and empty storefronts?

    -Landlords are raising rents on their successful tenants to subsidize losses from vacant storefronts and other properties affected by retail crime.

Outlines

00:00

🛒 Major Retail Theft Bust in Manhattan

A significant retail theft operation was uncovered in Manhattan, with thieves stealing over a million dollars' worth of items from stores like Macy's, Walgreens, and CVS. The stolen goods were then sold for cash. The thefts occurred in Midtown Manhattan at a business that was stealing from its neighbors. Despite some chain stores abandoning the area, experts predict more closures are imminent. Surveillance footage revealed masked men in construction vests and Safari hats ransacking stores. The thefts are part of a growing trend of organized retail crime, with shoplifting on a large scale costing retailers over $112 billion in losses last year. Eight New Yorkers were arrested within a week. The New York DA reported that over $200,000 worth of stolen goods from Macy's alone were recovered. The city is grappling with an empty storefront problem, with stores leaving and not returning, possibly due to laws that protect shoplifters from jail time if under $1,000 is stolen. This has led to a thriving shoplifting economy worth 4.4 billion dollars in the state, with stolen goods being sold across businesses or on the streets. The real issue is that despite busting theft rings, the actual thieves often avoid jail, and the crime continues unabated.

05:01

🏚 Impact of Organized Retail Crime on Local Businesses

This news report delves into the aftermath of a major shoplifting ring bust, revealing the challenges faced by local businesses in competing with illegal stores selling stolen goods at lower prices. The previous cosmetic store, known for paying criminals for stolen merchandise, has now been shut down, but the problem persists. The report shows photos of a storage facility used to supply the illegal store, indicating that more goods were stolen than could be sold. The impact of retail theft is widespread, affecting not just clothing stores but also convenience stores like 7-Eleven. The lack of police presence in the area has led to a lawless environment. Fencing operations thrive by employing shoplifters to steal goods, which are then resold, boosting their profits. The infrastructure for such theft operations still exists, with the actual thieves remaining at large. The report also touches on the psychological impact on criminals, who are often vulnerable individuals exploited by criminal kingpins. The empty storefronts are a testament to the retail theft problem, with entire shopping districts becoming ghost towns. The report concludes by highlighting the unexpected ways retail crime is expanding, with shop owners now targeting stores outside of New York due to the closure of local businesses.

10:03

🚔 Export of Retail Crime from New York to Other States

The retail crime problem in New York City has escalated to the point where it is now affecting other cities and states along the east coast. Criminals from New York are traveling and stealing from stores in areas like Tyson's Corner, as local stores in New York are closed, leaving nothing to steal. The report discusses the arrest of eight New Yorkers in a week's span for such crimes. The criminals are not only robbing physical stores but also engaging in credit card fraud, using stolen identities to make large purchases that ultimately harm the stores and lead to increased fees for everyone. The report also mentions the arrest of individuals attempting to make a $221,000 purchase with a stolen credit card, uncovering a trove of fake identification documents. This crime is not only causing businesses to shut down but also raising the cost of living for residents as stores are forced to increase prices to cover their losses. The situation is dire, with local businesses struggling to survive amidst the relentless crime, and the police seemingly unable to prevent it or bring about significant change.

15:05

📈 The Ripple Effect of Retail Crime on New York's Economy

The final paragraph of the script discusses the broader economic impact of retail crime in New York City. It highlights how commercial real estate owners, facing losses from vacant storefronts, are increasing rents for tenants who are still operational to subsidize those losses. This practice, combined with the constant threat of theft, is pushing businesses to their financial limits. The script suggests that unless retail crime is addressed effectively, it will continue to drive businesses to close, leaving more empty spaces and escalating rents. The situation is exacerbated by the fact that even when theft is reported, the response from law enforcement is inadequate, leading to a sense of helplessness among business owners. The script ends with a critical question about the city's commitment to tackling retail crime and preventing further business closures and economic decline.

Mindmap

Keywords

💡Retail theft

Retail theft refers to the act of stealing goods from retail stores. It is a significant issue highlighted in the video, with the thefts in Manhattan leading to substantial financial losses for businesses like Macy's, Walgreens, and CVS. The script mentions that this type of theft has become a national crisis, costing retailers over $112 billion in losses in the previous year.

💡Organized retail crime

Organized retail crime is a term used to describe theft operations that are planned and coordinated by groups or networks of criminals. The video script describes how police believe that the thefts at popular chain stores could be linked to such organized crime, indicating a more systemic issue within the retail sector.

💡Flash mobs

A flash mob refers to a group of people who assemble suddenly in a public place to perform a brief action and then disperse. In the context of the video, flash mobs are mentioned as a method used by thieves to carry out 'smash and grabs,' which are quick, coordinated thefts at retail stores.

💡Shoplifting

Shoplifting is the act of stealing goods from a retail store by a person acting alone or in a small group. The script discusses shoplifting as a rampant issue in New York City, with large-scale operations being run out of businesses like 'rahanas Cosmetics, Inc,' which was found to be selling stolen goods.

💡Fencing

Fencing in the context of crime refers to the act of receiving and selling stolen goods. The video script explains that the stolen items from various stores were being sold at a business operating under different names, indicating a fencing operation where stolen goods are exchanged for cash.

💡Empty storefronts

Empty storefronts are physical retail spaces that are vacant and not occupied by any business. The video script describes a growing 'empty storefront problem' in New York City, which is a direct result of retail theft and the inability of businesses to sustain operations in the face of such losses.

💡Progressive Justice

Progressive Justice is a term that can refer to legal and social policies that emphasize rehabilitation over punishment and are often associated with leniency towards minor offenses. The script criticizes Progressive Justice for contributing to the shoplifting problem by protecting shoplifters who steal under $1,000 from going to jail.

💡Thieves

Thieves are individuals who steal property, often with the intent to sell it for personal gain. The video script frequently mentions thieves, describing their actions as a major contributor to the retail theft crisis and the subsequent closure of businesses.

💡Raiding

Raiding, in a criminal context, refers to the act of stealing from multiple locations in a systematic manner. The script discusses how New York criminals are not only stealing within the city but also traveling to other states to raid stores, indicating the spread of the retail theft problem.

💡Identity theft

Identity theft is the fraudulent use of someone else's personal information. The video script mentions an incident where criminals were found with stolen credit cards and fake driver's licenses, suggesting that identity theft is another method used by criminals to commit retail crime.

💡Ghost towns

A ghost town refers to an area that was once populated but is now abandoned or nearly empty. The script uses the term 'ghost towns' to describe neighborhoods in New York City that have been heavily affected by retail theft, resulting in a large number of closed businesses and vacant storefronts.

Highlights

Major retail theft bust in Manhattan with thieves stealing over a million dollars worth of items from stores like Macy's, Walgreens, and CVS.

Thieves were flipping stolen products for cash, contributing to a national crisis costing retailers over $112 billion in losses last year.

Exclusive surveillance video shows masked men in construction vests and Safari hats ransacking stores.

Organized retail crime is suspected to be behind the thefts, with 450 boxes of stolen items seized from a Midtown store.

Items like designer purses, electronic devices, medications, and Lego sets were among the stolen goods.

New York City's empty storefront problem is growing, with stores leaving and not returning due to theft.

Laws protecting shoplifters who steal under $1,000 without fear of jail time are linked to the increase in store closures.

A thriving shoplifting economy worth 4.4 billion dollars exists in the state, with thieves stealing to sell at other businesses.

Authorities recovered thousands of stolen goods from local stores being sold at Rahana's Cosmetics, Inc.

The business operated illegally, selling stolen items with a physical storefront and online.

Legitimate businesses are struggling to compete with illegal operations selling stolen goods at lower prices.

Manhattan District Attorney Alvin Bragg announced the recovery of a million dollars in stolen goods intended for resale.

The infrastructure for shoplifting still exists, as only the leaders were arrested, not the actual thieves.

Retail crime in New York is affecting stores outside the city, with thieves targeting areas like Tyson's shopping district.

New York City is known as one of the largest markets for stolen goods, contributing to the export of retail crime.

Fraudulent purchases using stolen credit cards and identities are another form of retail crime impacting stores.

Retail theft is up over 55% in certain areas, causing a domino effect on neighborhoods and businesses.

Landlords are raising rents on remaining open stores to subsidize losses from vacant storefronts.

The lack of punishment for first offenders is allowing criminals to become more skilled and bold in their thefts.

Business owners report that even when the police are called for thefts, nothing significant happens to deter criminals.

Transcripts

00:00

and now to a major retail theft bust in

00:02

Manhattan the da says the thieves stole

00:04

more than a million dollars worth of

00:05

items hitting stores like Macy's of

00:07

Walgreens at CVS and then flipping those

00:09

products for cash so this million dooll

00:12

bust happened right here in Midtown

00:13

Manhattan at a business that was

00:15

stealing from its neighbors and although

00:16

a number of chain stores have already

00:18

abandoned this neighborhood completely

00:20

experts say more store closures are on

00:23

the way exclusive surveillance video

00:25

shows masked men rush in wearing

00:27

construction vests and Safari hats and

00:30

ransack the place we've all seen the

00:32

videos flash mobs and smash and grabs

00:34

targeting popular chain stores now

00:36

police say some of those thefts could be

00:38

fueling organized retail crime there

00:41

were so many stolen items seized in a

00:43

Midtown store that it took 450 boxes to

00:46

cart them away designer purses

00:49

electronic devices medications Lego sets

00:52

shoplifting on a large scale has become

00:54

a national crisis costing retailers over

00:57

$112 billion in losses last year so

01:00

we're talking about eight New Yorkers

01:02

arrested in just a week's span so what

01:05

is going on here more police presence in

01:07

the neighborhood would actually help but

01:09

you don't see them driving around

01:11

there's no one they come here they steal

01:13

they steal they steal they heard in the

01:15

neighbor the New York da said today that

01:18

more than $200,000 from that million

01:20

dooll bus for goods that were stolen

01:22

from Macy's

01:24

[Music]

01:28

alone so people people are starting to

01:30

notice that New York city has an empty

01:32

storefront problem and it's growing but

01:34

nobody's talking about desolate shopping

01:36

wastelands like what you see right here

01:37

these are the new normal all over town

01:39

because stores are leaving and they're

01:40

not coming back and what's crazy is New

01:42

York's leaders have no idea why this is

01:44

happening even though all these stores

01:46

started leaving soon after laws were

01:47

passed that protected shoplifters who

01:49

can now steal under $1,000 without fear

01:51

of going to jail and the results of this

01:53

Progressive Justice experiment they're

01:55

all around us not just in these empty

01:57

storefronts but also in the stores that

01:59

remain we're pretty much everything's

02:00

locked up from toothpaste to ice cream

02:02

to underwear because if it's on a shelf

02:04

it's a target for thieves who are now

02:06

part of a 4.4 billion doll thriving

02:09

shoplifting economy that exists in this

02:11

state and these thieves they're not just

02:13

stealing products to sell on Amazon or

02:15

Facebook marketplace now they're

02:16

stealing from one business to sell it

02:19

out of the doors of another business or

02:21

in the case of the city's crimer ridden

02:22

open a markets directly on the street

02:25

and the real reason this is happening

02:26

retailers shutting down leaving behind

02:28

empty storefronts that may never again

02:30

rented is because although our leaders

02:31

are proud to tell us when a

02:32

multi-million dollar theft ring gets

02:34

busted none of the people who did the

02:36

actual stealing wound up in jail they're

02:38

all still out there only the leaders got

02:40

arrested which means the number of

02:42

people running around in the city

02:43

stealing things has not decreased plus

02:45

some lawmakers see these Petty Crooks as

02:47

victims with the right to take from a

02:49

society that's been unfair to them in

02:50

some manner leaving the law abiding to

02:52

pick up the slack paying higher prices

02:53

for whatever doesn't get stolen as well

02:55

as paying higher rents because when

02:57

these storefronts shut down the

02:58

landlords jack up the rents on on the

03:00

apartments upstairs which means the real

03:01

victims here aren't the criminals

03:03

they're the law- abiding who are

03:05

subsidizing the crime that is destroying

03:07

New York and this is all going on

03:08

because of what's Happening inside

03:10

little tiny stores like the one on the

03:11

other side of this

03:13

[Music]

03:20

bus so here we have what looks like your

03:22

average everyday run-of-the-mill New

03:24

York City gift shop but the sign is new

03:27

the store is new and the company that's

03:29

here this week is is not the operation

03:30

that was busted and shut down last week

03:33

authorities recovered thousands of

03:35

stolen goods they say they say

03:37

shoplifted products from local stores

03:39

including Macy's Ulta beauty and CVS

03:41

were being sold at rahana's Cosmetics

03:44

Inc the business operated online and out

03:46

of a store on 6 Avenue in so today this

03:49

business is called the Citywide gift

03:51

shop but the other day it was a

03:52

different business that was doing

03:53

something extremely illegal and what you

03:55

had here was an example of just how out

03:57

of control New York City shoplifting has

03:59

gotten because the business that was

04:00

here was operating a physical storefront

04:03

where everything inside the store was

04:04

stolen from everything else you see

04:06

around here you've got Nordstrom across

04:08

the street retailers lining both sides

04:10

of 6th Avenue Ulta Bea's over here as

04:12

well as the Macy's flagship store right

04:14

here on 34th Street which was

04:16

specifically mentioned in the police

04:17

report as a location where they were

04:19

getting stolen merchandise and look at

04:20

this s traffic area there's a lot of

04:22

customers over here what a great place

04:24

to have an illegal business that steals

04:26

from everything else around here where

04:27

people are already shopping and

04:29

essentially these legitimate businesses

04:31

were functioning as storage facilities

04:33

full of items being stolen and sold at

04:35

the cosmetic store which means the

04:37

people running this formerly illegal

04:38

operation would never run out of

04:40

inventory on top of that there's no way

04:42

anyone could compete with them as they'd

04:44

have the lowest prices in town because

04:46

whenever they sell out of something they

04:47

just walk across the street right here

04:49

to Nordstroms and get more Manhattan

04:51

district attorney Alvin Bragg announced

04:53

recovering a million dollars in stolen

04:55

goods headed for resale we found

04:57

hundreds of boxes of stolen items

05:00

ranging from designer purses uh

05:03

electronic device so this news report it

05:05

shows photos of the inside of a storage

05:08

facility a block from here that was used

05:10

to supply the store right there because

05:12

the stolen products aren't taken

05:13

directly from one store to the other

05:15

they were stealing more stuff than they

05:16

were actually able to sell that's crazy

05:19

but when you see all these shut down

05:20

storefronts imagine trying to run a

05:21

legitimate business while having to

05:23

compete with somebody who steals your

05:24

same products and then sells them for

05:26

less and apparently the cosmetic store

05:28

that was here previously was a

05:29

well-known location for criminals to

05:31

bring stolen merchandise to get paid for

05:33

it which means not only were the

05:34

legitimate retailers around here losing

05:36

money on theft all the foot traffic

05:38

these places hope to rely on would be

05:40

worthless because their prices would now

05:41

be too high and not only are all areas

05:43

of town struggling with retail theft

05:45

when the illegal shops open up across

05:47

the street from the legal ones you know

05:49

you've got a problem and it's not just

05:50

clothing this 7-Eleven has got a major

05:52

problem with crime as well and I've been

05:54

in this store specifically and witnessed

05:56

an altercation between staff and someone

05:58

who they suspected of being a shop

05:59

uplifter he comes back every day man

06:01

that goty man that got ridiculous then

06:04

they stand right here smoke all in front

06:05

of the door blow smoke all this good

06:08

morning and look at this there's the

06:10

7-Eleven there's the old cosmetic store

06:12

you have no police patrolling any of

06:14

this neighborhood it's just a it's the

06:15

Wild Wild West it's called fencing the

06:18

people behind fencing operations often

06:20

use individual shoplifters to steal

06:23

goods from your local Dwayne Reed your

06:25

Bodega your convenience store from there

06:27

the goods are brought to the fencers

06:29

boost their bottom line by reselling

06:31

them and now before we get to the real

06:33

reason why this is happening which the

06:34

authorities have completely missed

06:37

understand that this whole theft

06:38

operation requires other people and the

06:40

folks that were running the previously

06:41

illegal store that was located here yes

06:43

they pay rent yes they have to have a

06:44

warehouse pay utilities maintain their

06:47

store which sells the stolen goods but

06:48

how do you think they get all that stuff

06:50

well they were employing armies of thugs

06:52

that you could consider Expendable to do

06:53

their dirty work and it wasn't the

06:55

owners of this place that were walking

06:56

across the street to Macy's stealing

06:58

things and then coming back here yet for

07:00

some reason the only people in trouble

07:01

here are the owners of that store not

07:03

the actual Crooks and those very same

07:05

Crooks they all got paid the moment they

07:06

brought their stolen merch from Macy's

07:08

to that other place and got money for it

07:10

and they're all still out there which

07:12

means yes a massive $1 million

07:14

shoplifting ring got shut down but all

07:17

of the infrastructure for it to exist

07:19

still exists which means there's nothing

07:21

stopping the same people from stealing

07:22

from the same stores and just offloading

07:24

their merchandise elsewhere or selling

07:26

it to a business that sells online yet

07:28

city leaders remain under the Imp

07:29

impression that they are making a big

07:31

difference using a multi-prong

07:33

prosecution strategy we can make a

07:34

lasting dent in retail theft that will

07:36

keep our store employees safe cut off

07:38

the incentives to seal and resell soen

07:40

goods and allow our retail sector so our

07:43

Progressive district attorney he might

07:45

have a soft on crime reputation but he

07:47

didn't write the laws that prevent him

07:49

from locking up the actual low-level

07:51

perpetrators but I'm curious to

07:53

understand how this is actually going to

07:55

solve the shoplifting problem because

07:57

every single Thug with sticky fingers

07:58

who stole from this place place is still

08:00

on the streets and yes many of these

08:01

criminals are vulnerable people in tough

08:03

situations maybe they're struggling with

08:05

homelessness maybe they have a substance

08:07

problem but the point is it's sad that

08:08

that's happening but there should be

08:10

some consequence for taking something

08:11

that doesn't belong to you but because

08:13

there isn't and these criminal kingpins

08:15

need inventory for their stores they

08:16

give people lists of products to go to

08:18

Ulta beauty and just rip off the shelves

08:19

or to pick up at a store like Macy's or

08:21

Nordstrom's who would reopen a store

08:23

that recently closed knowing that this

08:25

is now a possibility for your business

08:27

environment experts say this is the

08:28

reason you've got ghost towns popping up

08:30

all over the place including the entire

08:32

neighborhood south of here where every

08:34

store on 6th Avenue is

08:36

[Music]

08:48

closed so these empty storefronts are

08:51

the aftermath of what used to be a very

08:53

busy shopping district 10 blocks south

08:55

of Macy's and these are Flagship retail

08:58

locations where after the change pulled

08:59

out nobody would dare try to reopen at

09:02

one point over here you had everything

09:04

from a CVS to a Staples to a Lowe's Home

09:07

Improvement but these places are long

09:09

gone and it's not just the empty stores

09:11

this corner building has over 36,000 ft

09:14

of space available and 100,000 ft of

09:17

available space over here and this

09:19

entire building right here on the corner

09:21

it no longer has any active storefronts

09:23

on the ground level and I've lived here

09:24

long enough to remember when this area

09:26

was at its peak it was incredibly

09:28

convenient there was a lot of activity

09:30

here but that's clearly no longer the

09:32

case and even though we've got foot

09:33

traffic because it's a busy part of town

09:35

the retail climate here in New York is

09:37

such that nobody wants to take a chance

09:39

on any of these places the only place

09:41

that remains open is The Container Store

09:43

but good luck stealing from that place

09:44

everything's quite large quite bulky

09:46

hard to get out of this one exit but

09:48

something even weirder is happening now

09:49

that all these stores are gone because

09:50

these shoplifting store owners still

09:52

have to get products and they're now

09:53

branching out in ways nobody expected in

09:55

fact we're now at a point where retail

09:56

crime in New York is affecting stores

09:58

that aren't even in New York they

10:00

actually busted three different rings of

10:03

Thieves targeting the Tyson shopping

10:05

area all from New York so we're talking

10:08

about eight New Yorkers arrested in just

10:10

a week's span we have groups that will

10:13

travel up and down the 95 Corridor

10:15

mostly and they'll stop along the way

10:17

stealing from different locations on

10:19

that route to the Tyson's area so that

10:21

is a news report out of DC where New

10:24

York criminals are now raiding stores

10:27

which makes sense a lot of the stores

10:28

here are now closed so they can't steal

10:30

from them anymore and now you've got

10:32

crime Rings traveling up and down the

10:34

east coast and retail crime in New York

10:36

is now effectively being exported to

10:38

other cities and states and people here

10:40

in flat iron they're paying for all this

10:42

retail crime in more ways than just one

10:44

first of all not only is there nowhere

10:45

to buy anything around here anymore but

10:47

let's say you have a building like this

10:49

with an empty storefront downstairs well

10:51

if there are Apartments upstairs the

10:53

landlord can get his money back by

10:54

raising his rents and the other problem

10:56

is that the number of stores here shuts

10:58

down those that remain open become

11:00

subject to all of that added crime and

11:02

somebody at the local Trader Joe's was

11:04

actually attacked by a shoplifter no

11:06

employe wants to put their life on the

11:09

line for any of what's being sold in any

11:11

of these places especially for an onion

11:13

or an orange that's just ridiculous and

11:15

when you look at how obscenely

11:16

Relentless our local criminals are it's

11:18

no surprise that this is now happening

11:20

elsewhere but Fairfax County Police

11:22

Lieutenant will arnst did tell us today

11:24

that New York City is known as one of

11:25

the largest markets for stolen goods so

11:27

that may be why the New York York City

11:29

Connection the two New Yorkers were also

11:31

connected to the theft of another 16

11:33

Grand of merchandise from around the

11:35

area so that shopping mall that got hit

11:37

three times in one week and the problem

11:40

was mentioned right in the report which

11:42

is that New York City is a huge market

11:43

for stolen merchandise living cost here

11:45

is so high people are buying whatever

11:47

they can at the lowest price they can

11:48

which is why these stores are going out

11:50

of business on top of that you got

11:51

plenty of stores that are willing to buy

11:53

all that merchandise and then resell it

11:54

but physically robbing stores isn't the

11:56

only way thieves are getting their hands

11:58

on products no in fact there's a much

11:59

craftier way they steal their stolen

12:02

[Music]

12:19

merchandise so here we are inside of TJ

12:22

Maxx one of the two surviving stores in

12:24

what used to be a vibrant shopping mall

12:26

right now in this mall you've got over

12:28

100,000 feet of available space there

12:30

used to be a Bed Bath and Beyond as well

12:32

as a few other stores but those are all

12:33

closed now you've only got two left and

12:35

the crazy thing is that thieves aren't

12:36

just stealing when they rip something

12:38

off the shelf anymore no in fact they've

12:40

got a way to steal that looks so

12:41

legitimate they get away with it every

12:43

single time police arrested three people

12:45

after two apparently treding to make a

12:48

$221,000 purchase on a stolen credit

12:50

card police later finding 36 fake

12:53

driver's licenses 32 stolen credit cards

12:56

a postal service so now we're at a point

12:58

where even the people buying things at a

13:00

register that look legit could be

13:02

criminals robbing the store this gang of

13:04

criminals they had stolen credit cards

13:05

stolen driver's license stolen

13:07

identities and when fraud like that

13:09

happens at a register who do you think

13:10

pays for it certainly not the person

13:11

whose identity was stolen no this crime

13:13

gets eaten by the store that is now

13:15

losing merchandise but the fact that

13:17

they had a postal uniform and a mail key

13:19

means they were probably robbing those

13:20

mailboxes you see in New York City which

13:22

are on the side of the street where they

13:23

keep your mail before delivering it to

13:25

your home or apartment and those are

13:26

full of credit cards Social Security

13:28

numbers you know all the stuff You' need

13:29

to steal somebody's identity but no

13:31

matter how you slice it all of this

13:33

theft it's a loss and to get that loss

13:35

back the credit card company they're

13:36

going to raise their fees the stores

13:38

they're going to raise their fees and

13:39

everybody in the store is going to pay a

13:40

little bit more and then just two days

13:42

ago three people were arrested after a

13:45

Sunglass Hut employee noticed the theft

13:48

detectives later discovered around

13:50

$15,000 worth of merchandise stolen from

13:52

several other Tyson's Corner Center

13:54

stores we spoke with one woman today on

13:57

her

13:59

so if you're wondering how we get to

14:01

this level of retail crime it's because

14:02

we don't punish first offenders that's

14:05

how criminals get this good and this

14:06

clever in fact it's a misdemeanor if you

14:08

steal under $1,000 worth of stuff in New

14:10

York which means thieves have plenty of

14:12

time to practice and build up their

14:13

skills before going after real big fish

14:15

now yes on the one hand we aren't

14:16

messing up people's lives by

14:17

incarcerating them over a minor theft

14:19

but we're also at a position now where

14:21

minor theft is becoming major theft and

14:23

it's having a major impact shutting down

14:25

businesses in fact in this particular

14:27

area of town retail theft is up over

14:29

55% that is absolutely crazy and local

14:32

residents are saying all of this theft

14:33

has had a domino effect on the whole

14:35

neighborhood and honestly I don't know

14:36

how much longer TJ Maxx is going to

14:38

survive it's busy in here hopefully they

14:39

can hang in but according to the New

14:40

York Post owners and workers at these

14:42

stores all say the exact same thing

14:44

which is even when there is a theft and

14:45

they call the police nothing happens and

14:47

all the police can do is check and make

14:49

sure everybody's okay while reminding

14:51

the workers inside the store not to

14:52

engage the criminals business owners say

14:54

this is just happening more and more

14:56

every single day in this city and they

14:58

can't put up with with it forever which

14:59

is why you have some of the most

15:01

expensive real estate in the entire

15:02

country completely empty right now but

15:05

there's actually another thing squeezing

15:07

the businesses here to their very last

15:09

dollar that none of us have probably

15:11

ever considered which is that whoever

15:13

owns this chain of stores here which are

15:15

closed well they've probably got

15:16

commercial real estate somewhere else in

15:18

the city and if they've got a tenant

15:20

who's still open and able to make money

15:21

in this climate they better get that

15:23

money while they can and that's exactly

15:24

what's happening many businesses are

15:26

reporting that their rents are still

15:27

going up even though there are so many

15:29

empty storefronts and that's because

15:31

landlords know that as long as this type

15:32

of crime goes unpunished none of these

15:34

stores are going to last forever which

15:35

essentially means the business plan of

15:37

landlords that are losing money on

15:38

vacant storefronts is to have their

15:40

successful tenants subsidize losses from

15:43

everywhere else which is exactly what we

15:45

do when we shop at the supermarket or

15:46

anywhere and pay a higher price because

15:48

the stuff next to the item we bought was

15:50

stolen which brings up a pretty big

15:51

question is New York City ever going to

15:53

do anything about retail crime to

15:55

actually get these thieves off the

15:56

street or are they just going to shut

15:58

down these big operations a couple of

16:00

times a year and let the criminals roam

16:02

the streets doing what they've been

16:03

doing shutting down more businesses let

16:05

me know what you think thank you for

16:06

watching I'll see you in the next video