Skip to main content Navigation

Articles and News

JSA Report: Dollar Losses From Jewelry Crime Soared In 2019; Burglary Losses Rocketed 249% |  December 08, 2020 (0 comments)


New York, NY—Jewelers’ Security Alliance’s newly-released 2019 Annual Crime Report shows some shocking numbers and sobering statistics for the jewelry industry: dollar losses from crime against the U.S jewelry industry increased 89.1% over 2018, from $53.4 million to $101 million. 

Burglary losses were the biggest driver of the increase, rocketing from $11.6 million in 2018 to $40.5 million in 2019. Though the total number of individual criminal events essentially held steady—it declined a scant 0.2%—and the overall increase in stolen dollar value was largely driven by a relatively small number of very large losses, it’s a wake-up call to the industry that crime can surge at any time.

John Kennedy, JSA president, said, “After many years of significant declines in dollar losses from crime, the industry got a jolt in 2019 due to large dollar crime losses caused by very active professional gangs, particularly sophisticated burglary gangs. While losses have moderated in 2020 due to Covid-19 closures and disruptions, the disturbing statistics of 2019 should be a wake-up call for the industry that the bad old days of escalating crime losses can quickly return. JSA particularly thanks its FBI and law enforcement partners for their arrests of a large number of the dangerous criminals from 2019 cases.”

Related: As Jewelers’ Business Comes Back Nationwide, Burglars Are Back Too, Says JSA

Kennedy continued, “This Report summarizes information on when, where, and how these crimes occurred. Knowing the information in this Report can help keep jewelers safe from crime. JSA urges all jewelry firm owners and their employees to spend time reading and discussing this Report and examining the serious risks that your jewelry business faces.”

Other notable results from the Report include the following:

Kennedy continued, “The preparation of the Crime Report for 2019 was particularly challenging due to the disruptions of Covid-19, but the authors of the Crime Report, JSA Senior Crime Analyst Ryan Ruddock, and JSA Vice President Scott Guginsky, did a magnificent job in collecting and analyzing case information, numbers, locations, trends and methods, and putting it in useful and instructive form.”

To see a copy of the full report, go to the JSA website at: 2019-JSA-Annual-Crime-Report.pdf (

For further information, contact John Kennedy, President of JSA, at 212-687-0328

Share This:

Leave a Comment:

Human Check