ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

A Viral Video Claims That Shoplifters Have a Threshold of $3000 In Retail Chains Before They Get Arrested

The TikToker claimed that only the shoplifters who break the threshold are investigated and arrested.
PUBLISHED JAN 19, 2024
Cover Image Source: Pexels | Photo by Karolina Grabowska
Cover Image Source: Pexels | Photo by Karolina Grabowska

A TikToker has claimed that a chain store has a hidden policy to allow people to steal up to $3,000 before they arrest them. Only the shoplifters who break the threshold are investigated and arrested. Ashley Hernandez (@ashleyherrnandezz) alleged that Target allows to steal up to the threshold over the years to supposedly build a case, as per a Daily Dot report.



 

In the viral video posted with the caption, "I know I’m using this trend wrong, but idc,” the TikToker put an overlay text that claimed that the store was allegedly compiling evidence against her to make their case. The post triggered a hoard of users who commented on the hilarious observation.

One user, who may be thinking of verifying the claim jokingly said, “ So, the limit is $2,999.99?”, on a Twitter post that shared the news of the TikToker’s claims.



 

Another user quipped that “she didn't know how to quit while ahead,” deeming Hernandez’s greed as the culprit for her fall.



 

Another user rightly asked the question, “How do people not know this”.



 

Meanwhile, a user took the post to another level, speculating about Target using advanced technologies like facial recognition and 8K cameras to scout shoplifters and profile them.



 

On the other hand, a user explained that law enforcement does this to many other kinds of criminals so that the punishment can mount up by the time they arrest them.



 

However, the actual source behind Hernandez’s $3,000 threshold claim remains unknown but may relate to state theft laws. Several states, about 38, do not consider shoplifting a felony unless merchandise worth $1,000 or more is stolen. As per a CNBC report, in 2023 nine states passed new laws to crack down on organized retail theft. Further, the report mentioned that similar bills were pending before legislatures across the country as well as in the US Senate.



 

The sweep of legislation came after the retailers and trade associations rallied to use their collective power to get the bills written and past the finish line. Further as per a Capital One Shopping report, stores in the US lost $112.1 billion to retail theft in 2022 and the projections indicate that shoplifting in the future could cost retailers over $140 billion by 2025.

However, other reports including one from the New York Times claim that organized retail shoplifting data shows nothing to be majorly concerned about. The report suggests that the increase in shoplifting is seemingly limited to a few cities. Further in most parts of the country, retail theft has been lower than a few years ago, according to police data.

According to the shoplifting report by the Council on Criminal Justice, which uses police data through the first half of 2023, tracked 24 major U.S. cities. In the report, it was observed that incidents were 16 percent higher in the first half of 2023 than in the first half of 2019. However, New York City is excluded, from the data. On the other hand, 17 out of the 24 cities, reported a decrease in shoplifting.

Despite the picture painted by politicians and the actual data, Hernandez’s threshold claims still come as a shock to people.

MORE ON MARKET REALIST
A popular name has come up in every conversation about White's successor.
8 hours ago
Lori Greiner wasn't happy at all as Mark Cuban and Maria Sharapova snubbed her for a deal.
11 hours ago
Fans took to Reddit to discuss the issue with Seacrest not reminding the players of one crucial element.
1 day ago
When Rick Harrison's side kick bought King Booker's boots, he had to make sure it was the real deal.
1 day ago
Turns out the Hollywood star is quite the fan of former U.S. President, Ronald Reagan.
1 day ago
Harrison bagged one of Jabbar's personal items and a chance to go to a Lakers game with him
2 days ago
Recently, the Bonus Round of the show has featured many old phrases that led to heartbreaking losses.
2 days ago
Lubetzky was the first to drop out but then came back as he was impressed by the entrepreneur.
3 days ago
The appraiser took the guest's breath away as she was expecting to get much less for it.
3 days ago
The show got close to hitting the record of the longest Bonus Round losing streak.
3 days ago
She continued to be hyperactive throughout the game even with her answers.
3 days ago
With four offers on the table, the founders of Bucket Golf smartly got a deal that they wanted.
3 days ago
Fans took to Reddit to discuss if the show has gotten a little too social for its style.
4 days ago
When the Holy Grail toy came up to Harrison's table, he wasn't willing to let it go.
4 days ago
The founder of 'Noshi Food Paint' was down to the last shark for a deal.
5 days ago
Ashia who won $25,000 executed an epic celebration after her win in the "To The Penny" game.
5 days ago
Harrison was offering more than he usually does but the seller was also adamant.
5 days ago
It turned out that the gift came from one of the greatest American sculptors in history.
5 days ago
The guest who got the collection at an auction was shocked to find out its true value.
6 days ago
The guest who paid $15 for the storage cabinet was pleasantly surprised in the end.
7 days ago