| Monday, March 15, 2010 | ||||
| Prop Cop | ![]() |
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Welcome to Prop CopEach year the insurance industry and corporations pay out an estimated 15 billion dollars for theft of personal and commercial property while recovering less than 5%. Police agencies report recovering billions of dollars of property and not being able to locate its owners. Until now, states have sold the property and kept the money.Prop Cop, the first system of its kind, allows the insurance industry and corporations to list their stolen property from around the globe. Prop Cop will connect law enforcement and the insurance industry, allowing officers to return the recovered property to the rightful owners. The Prop Cop system will assist officers in solving crimes by connecting the stolen property to the originating police report.
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