Cash Converters has signed an agreement with Hampshire Police which will see the two organisations continue a relationship that helps prevent thieves from selling stolen goods at its second-hand stores across the region.
Staff at Cash Converters branches in Shirley, Eastleigh and Bitterne will share daily information with the police to help to reduce crime and bring more criminals to justice.
Cash Converters has lead the way with their extensive systems and process which includes taking customers’ photographs and a number of forms of identification and verification, along with detailed information of all products they buy in, including serial numbers. These details will be shared with the police under the New Code of Practice.
The UK’s number one retailer of pre-owned goods and financial services provider is also the first in the sector to be sending daily transaction data to the National Mobile Property Register (NMPR).
Chief executive of Cash Converters, David Patrick, said: “Cash Converters is at the forefront of developing relationships with local police forces and we continue to take the lead within the second hand goods industry to prevent crime and put a stop to stolen goods coming through our doors.
“We are always looking for innovative ways to continue our position as leaders in the sector and our constant investment in the development of our systems is recognised by the police and other formal bodies.”
Nathan Sermon, head of franchise at Cash Converters, added: “The police protocol and information sharing programme is utilised by a third of the Cash Converters network and we are constantly working to increase this number.
The Code of Practice includes the process where all identifiable items are checked via a Checkmend System, including phones, tablets, laptops, musical equipment and much more. This database highlights if a product has a registered interest, either with the police, insurers, mobile networks and other bodies.”
The move is being hailed by detectives as a crucial weapon to reduce crime, identity offenders and help to return stolen goods to rightful owners.
Supt Benjamin Snuggs who signed the agreement with Cash Converters on behalf of Hampshire Police, said: “The main purpose of this countywide partnership with Cash Converters is to help Hampshire Police in the prevention and detection of crime and to help reduce burglary crime.
Hampshire Police is always striving for new and innovative ways to reduce crime and the intelligence provided will assist in identifying those individuals who may be involved in criminal activity by pawning or selling property for cash.”
Cash Converters is the UK’s number one retailer of buying and selling pre-owned goods and a financial services provider, with 227 stores across the UK and 730 worldwide. As well as offering a place to shop for pre-owned bargains and sell unwanted goods for instant cash, it also provides a range of financial services including pawnbroking, cheque cashing, laybys and buyback.