UGN Security Forums
My ProfileMember DirectoryLogin
Search our ForumsView our FAQView our Site Rules
View our CalendarView our Active TopicsGo to our Main Page

UGN Security Store
 

Network Sites UGN Security, The GoNix Initiative, Elite Web Gamers, Back of the Web, EveryDay Helper, VNC Web Design & Development
November
Su M Tu W Th F Sa
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30
Sponsored Links
Latest Postings
Latest Reviews
Topic Options
Rate This Topic
#34583 - 01/06/05 07:49 AM Four charged over $1.5m Wal-Mart price switch scam
Ice Offline
UGN News Staff

Registered: 11/29/02
Posts: 1146
Loc: Canada
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 (5 January) facing charges of theft punishable by up 20 years imprisonment.

Source: The Register
_________________________
Good artists copy, great artists
steal.

-Picasso

Top
Sponsored Links
      
#34584 - 01/06/05 06:58 PM Re: Four charged over $1.5m Wal-Mart price switch scam
Girlie Offline
UGN Super Poster
***

Registered: 01/02/04
Posts: 908
Loc: In your dad's bed...
Hmmmm...why didn't I think of that?
_________________________
boys lie.

<sintax>
No we do not!!!!
</sintax>

Top
#34585 - 01/06/05 09:04 PM Re: Four charged over $1.5m Wal-Mart price switch scam
Gremelin Offline

Community Owner
*****

Registered: 02/28/02
Posts: 7193
Loc: Portland, OR; USA
me want gift card
_________________________
Donate to UGN Security here.
UGN Security, Back of the Web, Elite Web Gamers & VNC Web Design Owner

Top

Featured Member
Registered: 10/28/14
Posts: 1
Forum Stats
2151 Members
46 Forums
35767 Topics
70937 Posts

Max Online: 1567 @ 04/25/10 05:20 AM
Top Posters
UGN Security 28928
Gremelin 7193
§intå× 3255
SilentRage 1273
Ice 1146
pergesu 1136
Infinite 1041
jonconley 955
Girlie 908
unreal 860
Newest Members
HushHush, golqm, Tim050, Gecko666, defghi795767
2150 Registered Users
Who's Online
0 registered (), 412 Guests and 295 Spiders online.
Key: Admin, Global Mod, Mod
Latest News
luxury goods sales at $405B by 2019
by golqm
10/28/14 05:19 AM


Donate
  Get Firefox!
Get FireFox!