Jewelry Crime by the Numbers

Jewelers' losses to crime increased again in 2003, even though on-site criminal incidents dropped slightly and law enforcement has been more aggressive in collaring jewelry criminals, say new reports by Jewelers' Security Alliance and Jewelers Mutual Insurance. On the plus side, "off-premises" losses—such as robberies of traveling retailers, salespeople, or trunk-show operators—declined for the fifth straight year, and violence in jewelry store robberies is down sharply since the start of the decade. Rising losses. Total dollar losses (in wholesale, not retail terms) in 2003 from reported crimes against jewelry locations (stores, manufacturers, wholesalers) amounted to $88.3 million. That's 13.6% more than in 2002 and 36% over 2000 figures, says JSA's just-released annual crime report. Jewelers Mutual, the largest U.S. insurer of jewelers and jewelry, reports similar findings. Wh
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