No, actually less than 1/10th of 1 percent (or 1 out of every 1000 items) is reported stolen. We work closely with local law enforcement to catch and prosecute these perpetrators. A customer must provide positive state-issued picture identification to show evidence of the transaction. This information is then presented to local & state police agencies, therefore decreasing the likelihood that a thief would bring stolen merchandise to a pawnbroker. We are trained to look for signs of stolen property to avoid these costly mistakes. It is not in our interest to accept potentially stolen merchandise because the police can seize the merchandise.