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Friday, January 21, 2022

Theft, which has always been a problem for retailers, is becoming more insolent

Pawnshops, for example, are regulated in nearly every state, said Richard Rossman, a Sergeant with the Broward County Sheriff’s Office in Florida, who is also a member of the Law Enforcement and Retail Coalition.

“If you are going to sell goods to a pawnshop, the seller must assure that the property belongs to him, it has not been stolen, and the pawnshop draws up the goods properly in the form established by the state, and we can detain the seller. accountable and the pawnshop accountable, ”Sergeant Rossman said. “There is currently no mechanism that would require the collection of this data in online markets.”

The coalition enlisted the support of industry groups and retailers, including pharmacy chains, Home Depot and Ulta Beauty, in a bipartisan legislation known as the INFORM Consumer Act. The bill would require online marketplaces to authenticate “large third-party sellers”, including their bank account information and tax identification, and allow consumers to see the basic identification and contact information of these sellers. The rule will apply to suppliers that have 200 or more scattered sales per year of $ 5,000 or more.

Etsy, OfferUp and eBay said they supported the law after opposing a bill that raised concerns about the privacy and safety of sellers, especially people selling small items like sofas or people doing craft businesses at home. Etsy noted that mass-produced items are generally not allowed on the market, even if they are legally sold. Meta, which owns the Facebook Marketplace, and RealReal, which sells luxury second-hand goods, declined to comment on the law.

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Meta said Facebook Marketplace users may report items they believe have been stolen and that law enforcement may contact the company about suspicious items.

Amazon said in a statement that “we regularly request invoices, purchase orders or other evidence from sources when we have concerns about how a seller might have gotten certain products they want to sell.” He added that he has hired 10,000 people to work to prevent fraud and abuse on his website and supports the INFORM Consumer Law.

Several marketplaces said they have shared product information with LeadsOnline, a database that law enforcement agencies can use to search for specific products on their sites. Nathan Garnett, General Counsel for OfferUp, said the site has methods to proactively identify suspicious items, but catching lawbreakers can be tricky.

“Whether we catch it or not will depend to some extent on how smart they are, because in one account that posts dozens or hundreds of, say, brand new power tools, we’re going to flag it as pretty suspicious and acting it out. pretty fast, ”said Mr. Garnett. “But if you only post one or two things, it could be anyone.”

Contact Michael Corkery at [email protected] and Sapna Maheshwari at [email protected]

World Nation News Deskhttps://www.worldnationnews.com
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