Method and apparatus for fraud reduction and product recovery
Certain exemplary embodiments relate to techniques for fraud reduction and/or product recovery. For example, in certain exemplary embodiments, a database includes a plurality of product entries, with each product entry having at least a status field associated therewith. A first interface to the database is configured to enable a first authorized user to add product entries and/or change the status identifiers of the product entries. A second interface to the database is configured to enable a second authorized user to input information regarding a product to be checked against the database to determine whether it was legitimately acquired. Product checking programmed logic circuitry is configured to determine whether the product to be checked was legitimately acquired. The second interface is further configured to provide an indication to the second authorized user whether the product was legitimately acquired.
1 . A fraud reduction and product recovery system, comprising:
a database including a plurality of product entries, each product entry having at least a status field associated therewith;
a first interface to the database configured to enable a first authorized user to add product entries and/or change the status identifiers of the product entries;
a second interface to the database configured to enable a second authorized user to input information regarding a product to be checked against the database to determine whether it was legitimately acquired; and
product checking programmed logic circuitry configured to determine whether the product to be checked was legitimately acquired,
wherein the second interface is further configured to provide an indication to the second authorized user whether the product was legitimately acquired.
2 . The system of claim 1 , wherein each said status identifier indicates at least whether the associated product has been lost or stolen.
3 . The system of claim 1 , wherein the first authorized user is a manufacturer, retailer, or customer.
4 . The system of claim 1 , wherein the second authorized user is a person charged with law enforcement or a retail asset protection investigator.
5 . The system of claim 1 , wherein the second authorized user is an auction house employee or a pawnshop employee.
6 . The system of claim 1 , wherein the first interface is accessible the first authorized user at a location remote from the database.
7 . The system of claim 6 , wherein the first interface is accessible by the first authorized user at a point-of-sale or via a home computer.
8 . The system of claim 1 , wherein each said product entry further includes first sale date, anticipated first sale location, and actual first sale location fields associated therewith.
9 . The system of claim 8 , wherein the checking programmed logic circuitry is further configured to indicate whether the product to be checked was legitimately acquired by determining whether the first sale date field is prior to a date of an attempted purchase.
10 . The system of claim 8 , wherein the checking programmed logic circuitry is further configured to indicate whether the product to be checked was legitimately acquired by comparing the actual first sale location field to the anticipated first sale location field.
11 . The system of claim 1 , further comprising notifying programmed logic circuitry configured to notify law enforcement personnel when the checking programmed logic circuitry indicates that the product to be checked was not, or may not have been, legitimately acquired.
12 . The system of claim 1 , wherein each said product entry further includes an owner contact field that includes contact information for an owner of the product.
13 . The system of claim 12 , further comprising notifying programmed logic circuitry configured to contact the owner of the product to be checked when the checking programmed logic circuitry indicates that the product to be checked was not, or may not have been, legitimately acquired.
14 . In a fraud reduction and product recovery system, a method comprising:
maintaining a database including a plurality of product entries, each product entry having at least a status field associated therewith;
providing a first interface to the database configured to enable a first authorized user to add product entries and/or change the status identifiers of the product entries;
providing a second interface to the database configured to enable a second authorized user to input information regarding a product to be checked against the database to determine whether it was legitimately acquired; and
determining whether the product to be checked was legitimately acquired,
wherein the second interface is further configured to provide an indication to the second authorized user whether the product was legitimately acquired.
15 . The method of claim 14 , wherein each said status identifier indicates at least whether the associated product has been lost or stolen.
16 . The method of claim 14 , further comprising determining whether the product to be checked was legitimately acquired by comparing a first sale date field associated with the product to be checked with a date of an attempted purchase.
17 . The method of claim 14 , further comprising determining whether the product to be checked was legitimately acquired by comparing an actual first sale location field associated with the product to be checked to an anticipated first sale location field of the product to be checked.
18 . The method of claim 14 , further comprising notifying law enforcement personnel when the product to be checked was not, or may not have been, legitimately acquired.
19 . The method of claim 14 , further comprising notifying a true owner of the product to be checked when the checking programmed logic circuitry indicates that the product to be checked was not, or may not have been, legitimately acquired.
20 . A computer-readable storage medium tangibly storing instructions for causing a computer to implement a fraud reduction and product recovery method, the method comprising:
maintaining a database including a plurality of product entries, each product entry having at least a status field associated therewith;
providing a first interface to the database configured to enable a first authorized user to add product entries and/or change the status identifiers of the product entries;
providing a second interface to the database configured to enable a second authorized user to input information regarding a product to be checked against the database to determine whether it was legitimately acquired; and
determining whether the product to be checked was legitimately acquired,
wherein the second interface is further configured to provide an indication to the second authorized user whether the product was legitimately acquired.