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At my campus, it became such a problem (Charters, trophies) that the Greek Advisor put a chapter on social probation immediately if turned in. Needless to say, I think it happened once and never again!
Once, while I was President and away for the weekend, a fraternity stole our Charter and the girls knew I would have turned them in in a split second, so they went and begged for the Charter back. How smart they were!!!
Now everyone has wooden letters for bid day and intramurals....those have become the borrowed items as a trade off for Charters. The group who borrowed them now sign and date the back as a badge of honor. The funniest picture I've ever seen.....another chapters Alpha (sorry AGDLynn), my chapters Xi, and third chapters Delta on the roof of a fraternity house to spell out AXiD. We thought it was great....the other sororities were less than amused and demanded their letters back....hahaha!!
Seriously though, have the Greek Advisor, local NPC, or IFC to implement a "punishment" of sorts. The problem will be quickly solved for your chapter and others as well.
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