Professional Jeweler Archive: Crime Rates Fall

April 2005

Professional Insider


Crime Rates Fall

Homicides and incidents against traveling salespeople are down substantially, says JSA


The jewelry industry made substantial progress in reducing crime in 2004. Homicides in the jewelry industry, for example, totaled just three, down from an average of 21 in each in the past 24 years.

Losses attributed to crimes against traveling salespeople also fell dramatically, down 23% from the previous year to the lowest number in at least 10 years.

The good news formed the basis of a report by John Kennedy, president of the Jewelers’ Security Alliance, at the annual JSA luncheon in January. “Even if JSA has played only a small role in reducing homicides,” says Kennedy, “it shows the continued success of JSA is literally a life-and-death issue for the jewelry industry.”

The most important factor in reducing losses in 2004, says Kennedy, is the work of law enforcement and the soaring number of arrests. Officials reported more than 500 arrests involving crime against the jewelry industry, up 32% from the previous year.

  • Jewelers’ Security Alliance, New York City; (800) 537-0067 or (212) 687-0328, fax (212) 808-9168, jsa2@jewelerssecurity.org, www.jewelerssecurity.org.
Walter Fischer (left), chairman of the Jewelers’ Security Alliance and Rolex Watch (USA), presents the JSA’s seventh annual James B. White Award to Sgt. Scott F. Guginsky, commanding officer of the Organized Theft Task Force of the New York Police Department.

Guginsky was honored at JSA’s annual luncheon in New York City for his work in arresting gang members who commit crimes against the jewelry industry.

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