Walmart Scammers Caught
We found this quite interesting, how anyone would be able to
pull this off.
Four charged over $1.5m Wal-Mart price switch scam
Two US couples have been arrested on suspicion of masterminding
a price switching scam involving counterfeit bar codes estimated
to have cost Wal-Mart stores across 19 US states a total of
$1.5m over the last decade.
Sisters Julie Marie Simmons (AKA Julie Poore), 35, and Laura
Simmons Howerton, 39, and their husbands Michael Poore, 29, and
Dewey Howerton, 39 were arrested in Nashville, Tennessee and
charged with the theft of $60,000 in connection with the scam,
AP reports. Investigators suspect the two couples and up to 30
accomplices systematically plundered Wal-Mart and two other
unnamed retail chains for years and stole much more than this.
The gang allegedly used a home PC to duplicate bar codes for
cheap products which were placed over the genuine bar codes of
more expensive items. Merchandise bought "on the cheap" was
either returned for refunds, exchanged for vouchers or sold on
at a profit. Police reckon the ring escaped detection for years
partly by visiting shops at their busiest times.
According to local reports, police only uncovered the scam after
an informant told them about the sale of Wal-Mart gift cards
valued at a quarter of their face value by a person matching
Laura Howerton's description. Police say further charges against
the four suspects and arrests of other are both likely.
The four arrested people are due to appear in court later today
facing charges of theft punishable by up 20 years imprisonment.
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