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SAM Magazine--March 26, 2012

By John T. Murphy,

Wells Fargo Special Risks

When the price of scrap copper went up and the economy went down, thieves across the country began stealing copper from many different businesses, including ski areas. Construction sites, utility companies, even private homes-nobody is exempt from these thefts.

A rising number of resorts have discovered, often just before opening for the winter, that anything made of copper has been cut and removed in the off season, and the culprits are long gone.