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- ► 2007 (204)
- The Aura of Aurora Real Estate
- Wal-Mart Distributing Movie's via Download
- Sony Deals Self a Cyber-Shot in the Foot
- Gifting Flowers to Your Clients for the Holidays
- Hopping Across the Pond Overnight
- Turkey Distribution
- Cross Functional Degrees takes Cross Training to t...
- Callaway Direct to Consumers Like No Other
- Unique Distribution for a Unique Marketplace
- RFID 101 Video
- Have a New Corporate Initiative or Product? Don't ...
- Internet Marketing Resources
- Channel Management - Less is More
- Inventory Reporting Analyst Position
- Sponsored Reader Promotion
- PrecisionPoint provides Self-Maintaining Business ...
- Kroger Warehouse Workers Want Strike? Threatening...
- Time Share Warehouse Distribution
- CellStar Obtains Extension of Motorola Distributio...
- Categorization of Products
- More Information on Stock Options
- Organized Crime Bar Code Scams & Money Laundering
- Distributors Capitalizing on Web Businesses have t...
- Business Benefit from Bloggers covering their Pres...
- FedEx Raises Air Cargo Rates by 5.5%, Second incre...
- ▼ November (25)
Bar Code Scams are increasingly pointing towards the need for new technology to take over. Last year a man was arrested after authorities had learned that he had stolen over $600,000 in Legos from Target and other stores over a three year period.
He didn't use the ploy of grabbing an item off the shelf and taking it to the returns desk to request a refund like a member of the Bush Team did not so long ago.
No instead he simply slapped a new barcode on the item and paid for it. The new barcode triggered a much lower price to ring up and he would later sell the item on Ebay and make a fortune. Picture the thief slapping a sticker with a bar code over top the old barcode and instead of paying $100 for an item, paying $19.99.
These scams are getting worse as organized crime is getting involved deploying teams of individuals to retailers. Instead of the same person providing the sticker, buying it and selling it.
One person places the sticker. A different person purchases the product and they then take the product to an organize unit that consolidates products and sells them online.
Not only are they robbing the retailer, but they are likely involved in Money Laundering of cash and possibly even using stolen identities to fund the purchase in the first place.