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Jewelry Crime at Highest Level Ever Recorded By JSA June 13, 2023 (0 comments)


New York, NY--The Jewelers’ Security Alliance (JSA) has released its 2022 Annual Crime Report which described how the number of crimes committed against the U.S. jewelry industry reached the highest number ever recorded.

“Soaring crime needs to be a concern for the entire diamond, jewelry and watch industry,” said John Kennedy, JSA president. “This report can help jewelers become better prepared for the dangerous crime risks they face every day and can alert law enforcement agencies to the serious crime risks of the jewelry industry.”

JSA is a non-profit trade association that provides crime prevention information and services to the jewelry industry.

Kennedy urged jewelry firm owners and their employees to read and discuss the report, examining the serious risks that every jewelry business faces, and taking appropriate steps to reduce risk. He reminded jewelers that burglaries, robberies and thefts happen everywhere: small towns, big cities, malls, strip centers and free-standing stores throughout the country, and every jewelry business is at risk.

Notable results from the Report include the following:

The dollar losses from crimes against U.S. jewelry firms reported to JSA for the 21-year period 2002 to 2022 totaled $2.5 billion on an inflation adjusted basis.

To see a copy of the full report, go to the JSA website.

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