A few years ago, my wife made a mistake and left her purse in her class room as she went out for a smoke break - while it was a pretty poor decision to leave her purse unattended, this was a class of about 10 students that she thought she could trust. As she was driving back home, she realized she didn't have any money for the toll to cross over the bridge - which should not have been the case. Luckily the toll booth…
"In the end the class mate was trying to buy Playstation 3s to be able to sell, so she could pay off the fines that she received for committing identity theft when she was a minor" Sounds like jail time was going to put her back on the right track in life. I wonder how she wound up after jail?
How I Busted a Thief Who Tried to Sell My Camera on Craigslist
131–140 of 170 posts
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#132Earlier quoted context omitted.
Hm, interesting. The place where I live, one is required to enter a PIN code when you buy something in the physical shop. Shops have terminals for that.
Where do you live? I keep hearing comments saying we are "required" to enter a pin in the UK, but we're not. If the chip fails you can swipe and sign.
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#133I was tending to my front garden one day when I see this massive shirtless guy walking up the road with a huge pot plant. It was a weird scene so stuck with me.
Later that day two Thai guys walk up the road and ask me if I had seen anyone with a pot plant. I tell them that I had, they tell me they own the local Thai restaurant down the road, and someone has stolen the big pot plants from out the front. I gave them a description of the guy, but I told hem I didn't know where he went.
Anyway, next morning I get up, and one of my pot plants is missing. After cursing for a while, I sat staring out the back window musing on life. When I realize what I am looking at is my pot plant in the back window of an apartment three buildings away. A very low rent building known to house questionable types (the local nickname was junkie towers)
So I got out the zoom lens, took a a couple of pictures and hunted through my garden photos until I found a picture of the said pot plant. I went down to the police station with the photos and told the my story. Well, the police like nothing more than an open-and -shut case. So they got a warrant, and went around and knocked on the door that afternoon. What they found was a veritable treasure chest of goods taken from around the neighborhood, with pot plants being a particular specialty. The police told me tehy're easy to sell at markets and don't have serial numbers etc. but there were bikes, lawn furniture, you name it, anything that could be stolen without breaking and entering.
The guy turned out to have a warrant for his arrest for an assault charge, and a couple of other things. The detective eventually asked if I woid testify at a hearing against him, which I agreed to, despite being a bit nervous of the size of the guy and his previous assault charge.
The big day in court came and the defending attorney made a big song and dance and tried to suggest that the fact that his client had an identical pot plant to mine was mere coincidence. I suggested that the amount of combinations of pot plants was a very high number of permutations, to which he triumphantly declared that given there were possibly thousands like it, it coudld be merely similar and not exactly the same. I countered with the fact that the odds of a similar pot plant showing up at the exact same time as mine went missing were too high to be mere chance.
Anyway, the guy went to jail, I forget how long now. Th detective told me it was some of the best civilian witness testimony he had seen (I'm sure he says that to everyone). I got my pot plant back, complete with evidence tag that I left on for fun until it disintegrated.
I must say, being in the witness stand was quite harrowing, having to point to someone in court and argue you're not a liar. I had shaky and sweaty hands afterwards, a combination of nerves and adrenalin. All that over a $20 pot plant, but a principle was at stake and was not going to let this creep get away with it.
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#134Earlier quoted context omitted.
Hm, interesting. The place where I live, one is required to enter a PIN code when you buy something in the physical shop. Shops have terminals for that.
Are you in Europe (like me)? Chip and Pin credit cards are common here. But they are not common in USA. It causes no end of problems for American tourists who come here, since their cards don't work in many shops.
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#135Earlier quoted context omitted.
Sounds like Target takes loss prevention as seriously as it does advertising. Impressive.
Curious, but why would Target care too much if the credit card was stolen? My understanding (which could be wrong) was the credit card companies or end users absorb the losses (depending on circumstances).
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#136BTW, in Denmark bicycles are parked everywhere without any lock but a small wheel lock that doesn't attach the bike to anything, but only prevent the rear wheel from spinning. Of course most people don't even bother closing this pretty useless lock.
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#137I had my bike stolen a year ago in the UK, and it was a really nice mountain bike worth almost a thousand quid. I hoped it would be easy to find, since I gave the police pictures, serial number of the frame, and most importantly - the brand of the bike(Kellys) is completely non-existent in the UK, they never sold their bikes there,and I brought it with me from my home country. So I thought, it should be quite easy to spot among all other brands, since it's pretty much one of its kind. Well, I was never able to, never popped up on Ebay, Craigslist or any other trading websites. I really do wonder sometimes what happened to it.
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#138Well, here is my stole and recovered story. I was tending to my front garden one day when I see this massive shirtless guy walking up the road with a huge pot plant. It was a weird scene so stuck with me. Later that day two Thai guys walk up the road and ask me if I had seen anyone with a pot plant. I tell them that I had, they tell me they own the local Thai restaurant down the road, and someone has stolen the big p…
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#139Earlier quoted context omitted.
Curious, but why would Target care too much if the credit card was stolen? My understanding (which could be wrong) was the credit card companies or end users absorb the losses (depending on circumstances).
You would think so but no. Visa etc and the banks don't want that kind of trouble. To charge cards you need a special bank account called a merchant account. A condition of this merchant account is that if someone issues a charge-back on their creditcard, if the merchant can't prove that the card owner brought the service/product then the funds are taken directly form their merchant account by the bank and then given…
1) Store buys TV (COGS = $7K): -$7K
2) Sold TV for $10K. Realized P/L: $3K
3) $10K refunded (chargeback): -$7K
4) TV is gone as well. Inventory: -$7K
5) Potential profit loss: -$3K
Total loss: (7+7+3) = $17K
Re: How I Busted a Thief Who Tried to Sell My Camera on Craigslist
#140Earlier quoted context omitted.
You would think so but no. Visa etc and the banks don't want that kind of trouble. To charge cards you need a special bank account called a merchant account. A condition of this merchant account is that if someone issues a charge-back on their creditcard, if the merchant can't prove that the card owner brought the service/product then the funds are taken directly form their merchant account by the bank and then given…
$17,000 figure is correct: 1) Store buys TV (COGS = $7K): -$7K 2) Sold TV for $10K. Realized P/L: $3K 3) $10K refunded (chargeback): -$7K 4) TV is gone as well. Inventory: -$7K 5) Potential profit loss: -$3K Total loss: (7+7+3) = $17K
2. Store sells TV. +$10000, subtotal: +$3000
3. Store pays chargeback. -$10000' subtotal: -$7000
You can't double count the TV, and IMO, you can't count the potential profit loss either, as that's covered once the store buys a replacement TV for inventory. There are fees on top of the above, but the store is out the COGS and fees, not double the COGS, plus the margin.