Bold Philippines pawnshop heists continue

When it comes to pawnshop security, the best defense is a good offense. If you own a pawnshop, make sure you understand that it

FILE. An employee looks at the vault of a pawnshop in Barangay Damayan after robbers broke into it using an acetylene torch

is up to the you to protect your businesses. MIM Pawnshop Sills and Services always promotes being a proactive business owner. Experience teaches that it is important that a pawnshop owners learn to assess their businesses for its shortcomings

Back in 2010, we posted an article on pawnshop security when a rash of bold robberies of pawnshops were being reported on by the Philippine media. It is titled: Is your Pawnshop secure? If you are a pawnshop owner we recommend you read it. We think the article is still timely and has the basic common sense information a pawnshop owners can use to protect their businesses. For certain, the topic is still timely as you can see by the article below from Unfortunately, this trend of brash robberies still has momentum in the Philippines. This momentum is likely to continue, and possibly increase, as jewelry prices increase due to the rise of gold and silver prices.

If you, as a pawnshop owner, feel you need help to understand the security issues involved in the pawnshop business, be sure to contact MIM Pawnshop Skills and Services to set up a consultation appointment. Pawnshop management is our business and we can bring you the information you need to keep your pawnshop secure. We support a proactive approach that identifies the deficiencies before they hit your bottom line.


MANILA, Philippines – Interior and Local Government Secretary Jesse Robredo warned local officials yesterday on the new modus operandi used by criminals in robbing jewelry shops, pawnshops and banks.

Based on the information provided by Chamber of Pawnshops of the Philippines, Robredo said local and police officials should be on alert when individuals take out leases on vacant business space beside, above, or behind an existing pawnshop, bank or jewelry shop.

He said these groups start their operations at night, especially on long weekends, by disconnecting the alarm system and security camera first then drilling through the adjoining walls to gain entry.

“After which, they will forcibly open the vault with a portable acetylene torch and cart away valuable materials such as cash and jewelry,” he added.

In case there are no vacant spaces for rent close to the establishment and if it is located near creeks or waterways, Robredo said these syndicates resort to forcible entry, underground tunneling or passing through a big drainage system along the street in front of the target establishment.

“In this case, they open the floor of the vault of the pawnshop as an entry point,” he said. Robredo called on all barangay officials, as chairpersons of the barangay peace and order committee, to immediately mobilize on a regular basis their barangay tanods for routine patrols during the night until the wee hours of the morning.

“Barangay officials should closely coordinate with and immediately report to the local police any suspicious movements or persons roaming in areas near the said establishments so that the latter can undertake more in depth surveillance and make the necessary arrests,” he said.


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