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Making crime pay: top tips for civil recovery
Kevin Feehan, Senior Recoveries Manager, Debt Recovery, DWF
11:36AM – Tue 3rd February 2015
Perhaps surprisingly, given how big a hit retailers are taking to their bottom lines as a result of criminal activity, only around 10 to 15 per cent of all theft and fraud is ever even reported, let alone recovered. To put that in perspective: if you currently recoup £300,000 worth of losses per annum through civil recovery processes, you could be missing out on as much as £2,700,000 more by not reporting all incidents.
You should also remember to report each offender – not just each incident – to ensure that you maximise your return.
Charming.
Making crime pay: top tips for civil recovery
Kevin Feehan, Senior Recoveries Manager, Debt Recovery, DWF
11:36AM – Tue 3rd February 2015
Quote:
Perhaps surprisingly, given how big a hit retailers are taking to their bottom lines as a result of criminal activity, only around 10 to 15 per cent of all theft and fraud is ever even reported, let alone recovered. To put that in perspective: if you currently recoup £300,000 worth of losses per annum through civil recovery processes, you could be missing out on as much as £2,700,000 more by not reporting all incidents.
Quote:
You should also remember to report each offender – not just each incident – to ensure that you maximise your return.
Charming.
Senior Recoveries Manager DWF - ''Making crime pay: top tips for civil recovery''
