Bookstore owner accused of shoplifting: Arrest warrant issued

A Boulder bookseller accused of stealing and selling books at the Mizzou campus has been arrested.

Jeffrey Smith, 49, of Boulder, was arrested Saturday morning and is being held in the Jefferson County Jail on a $500,000 bond.

The charges are the latest in a string of booksellers and online retailers who have been targeted in a wave of theft allegations that have rocked college campuses nationwide.

The arrests come just days after several students at the University of Missouri were accused of buying books online at Walmart stores and in stores owned by the university.

Mizzou students have been protesting on campus since February, when they say they were forced to walk through a parking lot to find books on sale for $5.

Smith was not at the university when he was arrested and did not respond to messages left for his attorney.

He has been charged with three felonies, including theft and theft by deception.

Smith’s arrest comes as the book industry faces its own crisis, with sales plummeting.

The U.S. government announced a crackdown on online book sales in May, saying that it would increase penalties for repeat offenders.

In the past month, the industry has been hit with new threats from hackers who have used ransomware to try and steal valuable information from retailers.

Last week, Target announced it would no longer sell books through its website, although a similar move by was not immediately made available.

Amazon, which has seen a surge in sales as the holiday season draws in, also said it will stop selling books through their site on Jan. 6.

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