What type of items are typically involved in theft of consignment items?

Prepare for the Certified Financial Crimes Investigator Exam. Study with multiple-choice questions and detailed explanations. Boost your readiness and confidence to excel in the exam!

In the context of theft involving consignment items, the most suitable choice is related to cashier's checks, money orders, and traveler's checks. These items represent negotiable instruments that can be easily transferred and, if stolen, can be quickly utilized for financial gain, often without a direct trace back to the thief.

In cases of consignment theft, the items are typically meant for resale rather than immediate consumption, making negotiable instruments a prime target due to their liquidity. Theft involving these financial instruments can lead to significant monetary losses and highlight the risk of fraudulent activities.

On the other hand, inventory from retail stores would generally pertain more to outright theft rather than consignment arrangements. Real estate contracts and titles are generally not classified as consignment items, which more closely relate to goods for resale, and furniture or equipment on loan does not fit the typical consignment model either. In consignment agreements, the consignor retains ownership until the item is sold, making theft scenarios often revolve around easily negotiable financial instruments.

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