http://www.cfosnafu.com/ikea-worker-caught-stealing-400k/ Some days it should be legal to keep two sets of books Mon, 20 Jul 2009 16:39:21 +0000 hourly 1 http://wordpress.org/?v=abc http://www.cfosnafu.com/ikea-worker-caught-stealing-400k/comment-page-1/#comment-3756 Ashley Mon, 26 Jan 2009 17:58:19 +0000 http://www.cfosnafu.com/?p=460#comment-3756 How is "greed" a justification for REDUCING a sentence??? How is “greed” a justification for REDUCING a sentence???

]]> http://www.cfosnafu.com/ikea-worker-caught-stealing-400k/comment-page-1/#comment-3681 Jim Fri, 23 Jan 2009 19:06:02 +0000 http://www.cfosnafu.com/?p=460#comment-3681 This is an old scam in the retail world, it's called third-party charge fraud. In a past life in the retail world we had a young man working in a shoe salon that financed his college degree to the tune of $31,000 by processing charge credits to his account and then using his "open-to-buy" to pay his tuition ~ he hoped to become a CPA, but after his conviction he'd never get such a license. A couple of years later we had another gentleman do the same thing for about $35,000 and then entirely disappeared to the extent that the Secret Service and international police agencies lost complete track of him. Another more minor scam that's more commonplace is to process "credits" to big spending customers for small amounts that they're not likely to notice on their accounts ($20 or $50) and then pocket the money; the more savvy salesperson will do this using a fellow salesperson's number so any attention will be on the other person if there is scrutiny. This is an old scam in the retail world, it’s called third-party charge fraud. In a past life in the retail world we had a young man working in a shoe salon that financed his college degree to the tune of $31,000 by processing charge credits to his account and then using his “open-to-buy” to pay his tuition ~ he hoped to become a CPA, but after his conviction he’d never get such a license. A couple of years later we had another gentleman do the same thing for about $35,000 and then entirely disappeared to the extent that the Secret Service and international police agencies lost complete track of him. Another more minor scam that’s more commonplace is to process “credits” to big spending customers for small amounts that they’re not likely to notice on their accounts ($20 or $50) and then pocket the money; the more savvy salesperson will do this using a fellow salesperson’s number so any attention will be on the other person if there is scrutiny.

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