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Coin Dealers Targeted by Organized Crime Groups Following Coin Show Attendances
Coin dealers across the USA have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows. In light of the recent criminal activity within the past ninety days, the Numismatic Crime Information Center (NCIC) is issuing a warning to coin show dealers and promoters to remain vigilant and take proactive security measures.
The number of of coin dealers targeted by organized crime alarmingly increased. Image: Gerd Altmann via Pixabay.
Reports received by NCIC in the last 90 days show a spike in brazen thefts indicating a disturbing pattern: after dealers participating in coin shows have fallen prey to orchestrated criminal activities. NCIC has been closely tracking the recent spike and analyzing similarities in coin show related offenses that have occurred across the country. Currently NCIC is assisting law enforcement agencies in Illinois, Pennsylvania, Virginia, Maryland and Tennessee.
“Organized crime groups have been identified as the perpetrators,” remarked Doug Davis, Founder and President for NCIC. These incidents have not only resulted in substantial financial losses for dealers but have also posed significant safety risks to dealers and collectors alike.
The aftermath of such incidents extends beyond mere financial loss. Many dealers report emotional distress and a sense of vulnerability, fearing for their safety and the security of their businesses. The impact reverberates throughout the entire numismatic community, eroding trust and tarnishing the enjoyment of what is otherwise a cherished hobby.
NCIC is working closely with law enforcement agencies who are actively investigating these crimes and providing additional investigative resources and expertise, recognizing the need for swift action to apprehend those responsible and stem the tide of criminal activity targeting coin dealers.
“We are committed to working closely with law enforcement and numismatic industry partners to address this alarming trend,” affirmed Doug Davis. “Together, we must remain vigilant and resilient in the face of these challenges, preserving the integrity of the numismatic industry.”
In response to these developments, organizers of coin shows are urged to prioritize security arrangements and provide a safe environment for dealers and attendees. Additionally, coin collectors are encouraged to remain cautious and report any suspicious activity to authorities promptly.
The numismatic community stands united in condemning these reprehensible acts and remains steadfast in its commitment to promoting the joy of numismatics while safeguarding the well-being of its members.
