Episode Details

Los Angeles cargo theft surge: A hidden driver of inflation

The LAPDs Cargo Theft Task Force recently busted a used car lot in Bell, uncovering a treasure trove of stolen goods, from drums to jeans and high-end adult toys. This operation was a result of a tip from a European company that spotted their pilfered shipment for sale online.

LA is now dubbed the cargo theft capital, with organized networks run by foreign bosses targeting port shipments right off the trains. Last week, county deputies in Vernon recovered four million dollars in stolen pallets, and LAPD grabbed fifty-two million last year alone—twenty-two million just in the first three months this year.

The stolen goods are then flipped cheap on online marketplaces and live shopping apps, driving up prices for everyday shoppers. Cops are urging the public to be vigilant against sketchy online sellers offering dirt-cheap deals, as these could be hot goods fueling the very price hikes were all feeling.

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