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AJU 5405 : Security And Fraud Prevention

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Question:

You are the APAC Security Director of a Multi-National event organizer. Your company is proposing to organize a 5-days high end jewellery / watch / diamond / exhibition in Singapore. This event is sponsored by the International Jewellery / Watch / Diamond Association. Items to be displayed in this exhibition would cost more than UDS200 million. This exhibition will be held in Singapore EXPO in 8 months’ time. More than 50 retailers from all over the world will have booths in this event. No physical sales of items are done during the exhibition. Customers who wish to purchase displayed items will transact for the items with the respective retailer who will make further sales arrangements with the individual customer. In this case, none of the displayed items should leave the premises. Your company’s initial proposal has been accepted by the sponsor who request for a specific loss prevention plan. As the APAC Security Director, you are asked to draft a “Loss Prevention Plan” for the event for the sponsor to consider. Your plans need to be cost effective, practical, logical and rational.

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