A Cooperative, proven approach to Mobile Handset theft and related crime reduction.

1. A Cooperative, proven approach to Mobile Handset theft and related crime reduction.

2. The summary first! • We can’t prevent all phone crime • We can mitigate by reducing the incentive to steal • Many major US cities seeing double digit growth rates in mobile phone crime. • London and other major UK cities now starting to see double digit REDUCTIONS! • Without new legislation • Without new trading regulations • WITHcooperation from the trade • Stakeholders SHARE and they CHECK

3. Phone crime is not just robbery or burglary • Criminals use ID theft to obtain phones • Credit mules take out air time contracts never intending to pay • Insurance fraudsters launder stolen phones through household and travel claims • Fraudsters sell the phone at auction and claim for loss/theft • Stolen handset revenue funds drug trade, people trafficking, terrorism and other organised criminal activities

4. A stolen phone impacts several stakeholders • The victim • The phone insurer • The trader to whom it’s sold on • The second buyer • The trading platform that connects seller and buyer • The operator who subsidized it • The police who must investigate it

5. All stakeholders are linked • Victims want to feel they are being protected • Insurers want to avoid paying out fake claims • Reputable traders don’t want stolen property • The second buyer doesn’t want to lose service • Operators want to provide great service and confidence to their customers • The police need an evidence trail to investigate and prosecute effectively

6. Share! Already happening and working • Operators share reports from customers • Police share crime reports • Traders share trade attempts • Insurers share claims • Lease companies share leases • Public share ownership, loss and theft

7. As a result of sharing • Traders avoid losses • Operators identify contract fraud in real time • Insurers alerted to fraudulent patterns in real time • Trading platforms can avoid bad transactions • Lessors identify defaults in real time • The public can protect themselves when buying • Police can see device history and activity in one coherent view

8. With good information • Traders check without legislation • They check because it makes commercial sense to do so • This builds a community of responsible traders • Leaves irresponsible traders out in the cold • And now, the KICKER

9. When legitimate traders won’t accept devices • The only outlets are the shady ones • Shady outlets do not give good value • The second hand value is decimated • Profit margins for criminals are slashed • Police can focus efforts on organised channels • THE INCENTIVE TO STEAL IS REDUCED

11. Fraud detection and prevention for manufacturers, Insurers, cellular networks, retailers Buying due-diligence for trade and consumers Public free asset registration service. Recipero Police and Government intelligence tool – A portal to all data exposed or gathered by other products. Intra-EC carousel fraud protection, HMRC. Publicly accessible loss reporting feeding direct To police products for national visibility. Sentinel Identifying real-time stock loss in the logistics and retail chain.

12. How can I help you to help reduce crime? Les Gray Chief Operating Officer Recipero +44 7968 064333 les@recipero.com linkedin.com/in/reciperoles