Attorney General Martha Coakley to Promote Economic Crime Legislation at Organized Retail Crime Symposium
WHO: Massachusetts Attorney General Martha Coakley
WHAT: New England Organized Retail Crime Symposium & Trade Show
WHEN: Thursday, September 10, 2009
WHERE: DCU Center
Grand Ballroom - 3 rd Floor
Last month, Attorney General Coakley, along with a coalition of legislator and District Attorneys, filed An Act to Combat Economic Crime. The bill specifically updates the law in three areas, including money laundering, enterprise crime, and wire interception. Attorney General Coakley and other co-sponsors have stressed that the enterprise crime portion of the legislation would be particularly useful in combating the growing problem of organized retail crime.
The enterprise crime portion of the legislation focuses on traditional and non-traditional criminal enterprises and organizations, including organized retail crime rings, as well as so-called organized crime families and traditional street gangs, , identity theft rings, large-scale drug, gun and human trafficking groups. Many of these organizations have sophisticated structures and extensive supporting networks, allowing them to engage in such criminal activities as money laundering, illegal gaming, running drugs and firearms, credit card and identity theft, and other types of fraud. The bill will prohibit patterns of certain crimes committed by corrupt enterprises, allowing the ring leaders and major players, who control and direct the enterprise but often do not partake in the actual commission of the crime, to be deterred and held accountable.
The New England Organized Retail Crime Symposium & Trade Show is co-sponsored by the Retailers Association of Massachusetts (RAM), along with similar organizations in other New England States. The goal of the symposium is to raise awareness in the retail industry of the growing problem of organized retail crime. The day-long event will bring together retailers, law enforcement, prosecutors, and policy makers to discuss the problem and ways to combat such criminal activities.
The symposium is being held at the DCU Center in Worcester, MA. Attorney General Coakley is scheduled to speak at 2:50 p.m. in the Grand Ballroom on the 3 rd floor.
More details on An Act to Combat Economic Crime, including a bill summary and a full list of co-sponsors, are available on the Attorney General's Website.