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Statements

Subject Item
dbr:Fence_(criminal)
rdf:type
yago:Crime100766234 yago:Transgression100745005 yago:Occupation100582388 yago:PsychologicalFeature100023100 yago:YagoPermanentlyLocatedEntity yago:Act100030358 dbo:PersonFunction owl:Thing yago:WikicatCommercialCrimes yago:WikicatCrimes yago:Wrongdoing100732746 yago:Abstraction100002137 yago:WikicatIllegalOccupations yago:Event100029378 yago:Activity100407535
rdfs:label
Fence (criminal)
rdfs:comment
A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit. The fence acts as a middleman between thieves and the eventual buyers of stolen goods who may not be aware that the goods are stolen. As a verb (e.g. "to fence stolen goods"), the word describes the behaviour of the thief in the transaction with the fence. Fencing is illegal in all countries, but legally proving a violation of anti-fencing laws can be difficult.
rdfs:seeAlso
dbr:Traditional_Chinese_law
foaf:depiction
n13:Ticket_to_the_hanging_of_Jonathan_Wild.jpg n13:Car_window_burglary.jpg n13:US_Army_51805_Post,_AAFES_combat_increases_in_juvenile_shoplifting.jpg n13:Dodger_introduces_Oliver_to_Fagin_by_Cruikshank_(detail).jpg
dct:subject
dbc:Theft dbc:Crimes dbc:Organized_crime_activity dbc:Commercial_crimes dbc:Illegal_occupations
dbo:wikiPageID
1922382
dbo:wikiPageRevisionID
1113490901
dbo:wikiPageWikiLink
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dbo:wikiPageExternalLink
n15: n21:
owl:sameAs
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dbo:thumbnail
n13:Dodger_introduces_Oliver_to_Fagin_by_Cruikshank_(detail).jpg?width=300
dbp:date
March 2022
dbp:reason
this paragraph doesn't seem to cohere with itself or with the rest of the section
dbp:text
parallel occupations high floating population huge dynamic bond
dbo:abstract
A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit. The fence acts as a middleman between thieves and the eventual buyers of stolen goods who may not be aware that the goods are stolen. As a verb (e.g. "to fence stolen goods"), the word describes the behaviour of the thief in the transaction with the fence. As is the case with the word fence and its derivatives when used in its other common meanings (i.e. as a type of barrier or enclosure, and also as a sport), the word in this context is derived from the word defence. Among criminals, the fence originated in thieves' slang tracing from the notion of such transactions providing a "defence" against being caught. The thief who patronises the fence is willing to accept a low profit margin in order to reduce their risks by instantly "washing their hands" of illicitly gotten loot (such as black market goods) and disassociating from the criminal act that procured it. After the sale, the fence recoups their investment by disguising the stolen nature of the goods (via methods such as repackaging and altering/effacing serial numbers) and reselling the goods as near to the white market price as possible without drawing suspicion. This process often relies on a legal business (such as a pawnshop, flea market, or street vendor) in order to "launder" the stolen goods by intermixing them with legally-obtained items of the same type. Fencing is illegal in all countries, but legally proving a violation of anti-fencing laws can be difficult.
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wikipedia-en:Fence_(criminal)?oldid=1113490901&ns=0
dbo:wikiPageLength
42123
foaf:isPrimaryTopicOf
wikipedia-en:Fence_(criminal)