New State Law Targets Large-Scale Merchandise Theft

CHICAGO (WBBM) — Gov. Pat Quinn has signed legislation that cracks down on those responsible for large-scale theft of retail merchandise.

As WBBM Newsradio 780’s Bob Roberts reports, the legislation is targeted at thefts of truckloads and other large caches of merchandise.

LISTEN: Newsradio 780’s Bob Roberts reports

In recent months, Cook County State’s Attorney Anita Alvarez has set up a task force in which more than 60 businesses are participating, ranging from Dominick’s and Walgreens to Wal-Mart.

The new law adds asset forfeiture to prosecutors’ arsenal.

Alvarez says the costs can be high in such grand-scale retail theft.

“This includes driving up consumer prices and presenting potential dangers to consumer health and safety,” Alvarez said.

Large-scale retail theft costs Illinois merchandisers an estimated $1.5 billion each year, and costs the state $90 million in sales tax.

  • Jim

    I wish I had a job in which I could throw out useless numbers and be paid for it. It may cost merchandisers an estimated $1.5 billion, but they replenish the merchandise so people still buy the items so there is no loss in sales tax. Do you think that if I put 1,000,000 new tv’s in the pipeline that they would all be sold? No, there would be a surplus in supply thus reducing demand and prices would drop which equals to a loss of taxes. This is a concept that Quinn and his goons do not apparently understand (tax hike).

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