A Fence Acts As a Middleperson and Broker

A fence acts like a middle person between a thief and his or her target. It can be a great help for both parties if the fence can get a great deal for the merchandise and it can also be a great way to thwart theft. If you’ve ever noticed, fences can be an excellent source of information for police. They can even help the police recover important merchandise and even catch thieves.

Fence Acts As

There are many types of fences. These include associational fences (police, bail bondsmen, bartenders, defense attorneys), private fences, and neighborhood hustlers. Neighborhood hustlers tend to engage in small-time criminal activities and act as fences, and they often purchase stolen goods for personal use. Drug dealers act as fences as well, bartering drugs and other stolen goods for private profit. Private buyers also operate in the fences’ business, dealing with select thieves and other illegal goods.

man standing while holding onto wire chains

Fences pay robbers based on market rates, and the price they offer is low compared to the actual market value. A vulnerable seller might receive as little as 20 percent of the value of the stolen item. A professional thief may command 50 percent of its value fence companies Parker Co. A fence may also deceive the thief about the value of the item. The fence acts like a middle person and broker between a robber and his or her victim.

Historically, this practice has been closely tied to theft. The Transport Act 793 makes receiving property crimes a felony and a fence’s primary responsibility. A fence is an important tool in the fight against organized theft. The act also allows thieves to evade the law. The government may even be involved in the receiving business. A fence’s presence can help them avoid prosecution. Its existence is an important factor in the development of property crime in the United States.