A WALMART shopper stole over $8,000 worth of goods after deviously tricking the store employee into accepting a fraudulent payment.
The thief stole 37 products while making a credit card purchase and scamming the worker in the electronics department into processing his items.
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According to law enforcement, the Ohio man used a “cash-cash” scam, Cleveland.com reported.
The scam involves a criminal tricking an employee into generating a false receipt, making it appear that the thief’s credit card transaction went through when it really did not.
In cash-cash scams, fraudsters instruct employees to press a certain key on the register or reach over the counter and press the key while the employee is preoccupied.
The Walmart criminal walked away with $8,427, according to Walmart loss prevention.
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The retailer said this problem is becoming more serious as several stores have lost thousands of dollars to the scam.
In February, another scammer was arrested after attempting to use a fake credit card to force the sale of $1,447 worth of electronic goods.
Walmart did not immediately respond to The U.S. Sun’s request for more information.
Walmart has been the target of several high-value scams lately.
A new “BIN” scam spotlights criminals randomly guessing customers’ credit card information to make fraudulent purchases.
In Alabama, Walmart shoppers reported losing hundreds of dollars to criminals hacking into their accounts with Redstone Federal Credit Union.
“Upon discovering the fraudulent charges on member accounts, we have taken the necessary time to understand the situation, ensuring that all member information and funds remain secure,” Redstone wrote in a statement.
Despite having multiple fraud prevention services in place, the credit union reminded customers that these types of scams are impossible to prevent.
“Large retailers are particularly vulnerable to BIN attacks because they process a vast number of transactions daily, providing attackers with a wealth of data to exploit,” the company wrote.
Walmart immediately issued a refund to the majority of customers who were victimized by the scam.
“Redstone recognizes how frustrating fraudulent transactions can be, and we take this issue very seriously.
“We have safeguards in place to help prevent fraudulent attacks on our members’ accounts and are diligent in our account monitoring.”
What is the ‘cash-cash’ scam?
A rising credit card scam, dubbed the ‘cash-cash’ scam, is robbing retailers of thousands of dollars. In the scam, fraudsters instruct employees to press a certain key to process a fake credit card transaction on the register or reach over the counter and press the key while the employee is preoccupied.
In Virginia, customers lost hundreds of dollars to a card skimming device placed at self-checkout machines.
One shopper noticed that the device stole all of the money off of her food stamps card, making it impossible for her to buy her groceries.
The skimming devices are so small that customers usually can’t see them.
“These devices are super easy, unfortunately, to install,” said Katie Jennings, a crime prevention specialist with the Lynchburg Police Department.
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“They slip right over the payment terminals.
“You can find them at gas terminals, or self-checkouts, or even at the checkout where there is a cashier.”
https://www.the-sun.com/news/13830519/walmart-cash-cash-scam-bin-scam-ohio/