NCJ Number
102321
Date Published
1986
Length
300 pages
Annotation
The case history of a 'fence' (a dealer in stolen goods) analyzes underground life and its parallels in law-abiding society, with attention to how a fence initiates and sustains contacts; relationships with thieves, customers, and other fences; pricesetting; profits; and necessary skills.
Abstract
Information collected in interviews with 'Sam Goodman' was cross-checked through newspaper articles, court records, personal documents, and participant observation. After defining the characteristics of the professional fence, the author presents Sam's account of how he became involved in fencing. A description of a typical week in Sam's life shows the highly variable and unpredictable nature of the fencing business. Buying and selling practices, operating costs, profits, fencing networks, and the skills needed to be a successful fence are discussed. The book explores the justice system's use of fences as informants as well as laws relating to the selling of stolen goods. An account of circumstances leading to Sam's arrest and conviction for receiving stolen property illustrates the fence's concern with avoiding arrest and preventing conviction or punishment. The author contrasts the rewards of fencing -- money, expertise, prestige, power, a positive self-image, and personal relationships with the negative aspects -- fatigue and burnout, long hours, no time for family, no job security, and no respectability. Figures, references, and index.