Last week, we explained how thieves can easily convert stolen merchandise into cash through shoplifted goods and gift card marketplaces. This week, a months-long investigation in Florida with the delightful name “Operation Plastic Paradise” came to a conclusion, with 18 people involved in the scheme arrested, and more arrests expected soon. [More]
clever schemes
How Fraudsters Can Convert Stolen Goods Into Cash Through Bargain-Hunters
By 12.11.15
Maybe you’re planning a large purchase or a big shopping trip with a certain retailer, and you seek out gift cards to that store from online gift card marketplaces. Swapping gift cards online is a unique opportunity for savings, but also provides a unique opportunity for fraudsters. [More]
