S.F. launches bounty system targeting organized theft rings to stem car break-ins and retail thefts

San Francisco wants to light a fire under organized theft rings who burglarize cars and retail businesses, so it’s introducing a new bounty system — privately funded by local businesses in transportation, travel and hospitality — incentivizing thieves to flip and retailers to officially report the under-documented incidents. Mayor London Breed, San Francisco Police Chief Bill Scott and Small Business Commissioner Sharky Laguana detailed the new initiative at a press conference Tuesday at Aquatic…