How Much Does Shoplifting Cost You?

'The Lookout' team breaks down the cost of shoplifting for retailers and consumers.
0:37 | 08/07/13

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Transcript for How Much Does Shoplifting Cost You?
Did you know that you lose 400 bucks a year. Tell you how a shoplifter also -- booster steals from a -- the booster that sells the stolen goods to a -- -- Also known as -- -- and about fifty cents on the dollar. The fence then sells those goods on line in -- flea markets. So you ask how retailers make up for the fifteen billion dollars it lost. They charged that -- right that he -- the consumer by raising prices a little bit on everything they sell and beefing up store security. Taking about 400 dollars out of your wallet each year.

This transcript has been automatically generated and may not be 100% accurate.

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