The fence is a new look at the world of property theft. As everyone knows, property is stolen if it was obtained by any theft, burglary, robbery or extortion. Knowing the property is stolen depends on the subjective and actual knowledge of the receiver of goods.
“Fencing” – the crime of buying and reselling stolen merchandise and is one of the links that binds theft to the larger social system.
A fence (as a noun) is an individual who knowingly buys stolen property for later resale, sometimes in a legitimate market. As a verb, the word describes the behavior of the thief in the transaction: The burglar fenced the stolen radio.
All fences are by definition businessmen: They are middlemen in commerce – albeit illegitimate commerce – providing goods and services to others, regardless of whether they operate from a legitimate business or rely solely on individual resources. Continue reading