Crime Costs US Jewelers $70m in 2021
July 14, 22
(IDEX Online) - Crime has cost US jewelers $2.2 billion in the last two decades, says the JSA, after adjustments for inflation.
The total figure for 2021 was just over $70m, down from $83m the previous year, said the New York-based Jewelers' Security Alliance Releases in its newly-released 2021 Annual Crime Report.
But the total number of crimes was up from 1,438 to 1,687, an increase of 17 per cent.
Compared with pre-Covid 2019 the number of crimes was greater, but losses were down from $101m - indicative of more frequent but less costly crimes.
The average loss from an attack on safe increased from $287,000 in 2020 to $639,000 in 2021.