Secrets of a Successful Loss Prevention Career

By Herman Otis Laskey Jr.

If youre a professional in the loss prevention field and want a long career, then this guidebook is for you. For almost two decades, Herman Otis Laskey Jr. has been saving companies time and money. In this guide, Laskey offers anecdotes and methods for loss prevention, including

detailed case studies about how hes uncovered internal and external thefts; issues that all retail businesses must focus on to reduce losses; ways to deter employees and customers from stealing; tips on cutting costs when investigating crimes; five secrets to a successful loss prevention career.

He also shares how the STINOR Method Loss Prevention can reduce shoplifting and employee theft by up to 95 percent. This method has been used for more than fifteen years by thousands of retailers and restaurants. In addition, youll learn how to focus on problem areas such as bathrooms and fitting rooms.

By thinking like a thief and equipping yourself with the knowledge of a longtime loss prevention professional, youll benefit from Secrets of a Successful Loss Prevention Career.

• Language: English
• Publisher: iUniverse
• Release date: Aug 11, 2011
• ISBN: 9781462032228

Herman Otis Laskey Jr.

Herman Otis Laskey Jr., a native of Oklahoma City, is the owner and CEO of a loss prevention consulting company, Laskco Inc., in Edmond, Oklahoma. He is loss prevention qualified and is a certified forensic interviewer. He served in the US Marine Corps during Operation Desert Storm and also served in the Oklahoma National Guard.

Book preview

Secrets

of a Successful Loss Prevention Career.

Herman O. Laskey Jr, LPQ, CFI

iUniverse, Inc.

Bloomington

Secrets of a Successful Loss Prevention Career

Copyright © 2011 by Herman Otis Laskey Jr., LPQ, CFI

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ISBN: 978-1-4620-3220-4 (sc)

ISBN: 978-1-4620-3222-8 (e)

ISBN: 978-1-4620-3221-1 (dj)

Library of Congress Control Number: 2011910886

Printed in the United States of America

iUniverse rev. date: 8/2/2011

Contents

Biography

Introduction

How I got Into Loss Prevention

Myths about Internal Theft

31 Loss Prevention Topics

Risk VS Gain Theory

Five Important Things to Know about Your Employees

Using Deterrent Pages to Deter External Theft

A great way to reduce your liability on external theft

A Pocket Guide to Conducting a Successful Phone Interview

Dealing with the report aspect of phone interviewing

Case Studies

Cost associated with face to face interviewing.

The Stinor Method

Sources of Shrink

My Five Secrets to Succeeding In Loss Prevention

Types of Fraudulent Refunders-

S. U. L. F.

Characteristics of a Fraudulent Return

Deterring Theft in the Fitting Rooms and Bathrooms

My Time in Cuffs

Thank you page.

Biography

Herman O. Laskey Jr, LPQ, CFI

Owner and CEO of Laskco Inc

Regional Investigator-13 years.

Major sporting goods retailer.

Herman Laskey is a man with great expertise in the field of Loss Prevention. His 17 year career has led him to successfully aide in prosecuting over 3,000 internal and external theft cases in six different states. He has worked for three major retailers and has since started his own Loss Prevention consulting company. (Laskco Inc) He received his A.A. in Criminal Justice from Rose State College in 1996 and holds various certifications such as LPQ (Loss Prevention Qualified) and CFI, (Certified Forensic Interviewer) Wicklander-Zulawski Advanced Interviewing and John Reid Technique of Interviewing and Interrogation. He is also a licensed private investigator in the state of Oklahoma. Herman is a regular published contributor to Loss Prevention magazine and writes various articles on Loss Prevention topics such as Phone Interviewing and Secrets to a Successful Loss Prevention Career. Herman served in the United States Marine Corps from 1990-1994 during Operation Desert Storm. He also served in the Oklahoma National Guard from 1994 to 2000. This military career earned Herman numerous medals and commendations.

Herman has an enormous amount of Loss Prevention experience and is dedicated to educating retailers about external and internal theft. This knowledge is spread through his articles and through his company Laskco Inc where he has developed The Stinor Method of Loss Prevention. He is affectionately known throughout his major sporting goods company as The Hermanator. Where ever Herman is working that day, you can be sure some theft issue will be brought to the light. (Internal or external)

Introduction

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