Two couples have been charged in a price-switching scheme that allegedly defrauded Wal-Mart stores in 19 states of $1.5 million over the last decade.
Authorities said the scheme involved using a home computer to produce UPC bar codes for cheaper products and slipping them over the real codes on high-priced items. The suspects then allegedly sold the merchandise, or returned it for refunds or store gift cards that also were sold.
I have to say -- that's not a bad scam. I'm surprised they only netted $1.5 million over ten years, though; that's barely $100,000 a year (though in fairness that's just the Wal-Mart number alone).
# posted by
Gerry Canavan @ 1:32 PM
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