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Home Depot ORC price switchers-refunders gets prison for $300,000 fraud after
hitting over 100 stores in 13 states A Michigan man who switched price
stickers on Home Depot products and then returned the items for refunds was
sentenced Thursday to 2 1/2 years in prison in a multi-state scheme that cost
the big retailer more than $300,000. Larry D. Fields, Chris M. Smith and others
executed the scam over two years at more than 100 Home Depot stores in 13
states, according to federal agents. Fields appeared Thursday in federal court
in Flint, a few months after Smith was sentenced to 3 1/2 years in prison for
his role. The fraud was simple but lucrative: They took bar code stickers off
inexpensive items and placed them on goods that cost more before paying at a
self-checkout register. The items later were returned to Home Depot with the
original higher price code. Refunds were put on Home Depot store cards that were
peddled to others. Some items that weren't immediately returned were put in
storage in the Detroit area or resold for a profit. After his arrest last May,
Smith met with Home Depot officials and "offered suggestions as to how to
improve store security measures in order to prevent similar schemes from
occurring in the future," Assistant U.S. Attorney Anthony Vance said in a court
filing. (Source
publicopiniononline.com)
Across the pond- Eastern European ORC gang literally raids Tesco store stealing
thousands in Xbox games in broad daylight The Tele can reveal that
criminals carried out a high-value Valentine’s Day raid on the town’s Tesco
Extra store. Officers involved in the investigation told the Telegraph today
that a ‘large amount’ of expensive Xbox titles were stolen on 14 February. It’s
understood that the worth of the stolen goods amounts to thousands of pounds,
leading to security measures being stepped up. Other stores in the area have
also been alerted to the seemingly-organised raid, with staff placed on high
alert for any suspicious activity. News of the shoplifting spree and the
description of the suspects comes after reports of a doorstep ‘scam’ being
carried out by an Eastern European woman in Greenock. (Source
greenocketelegraph.co.uk)
“Protection 1 is proud to be
sponsoring the D&D Daily ORC column to ensure the LP
industry
gets the information, education and critical
data they need to fight this national epidemic.” Rex Gillette, VP Retail Sales, Protection 1. |
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