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What Not To Do With Cash Back




I came across a scenario accidentally where I would receive cash back for my purchase. I tried it out a few times and realized that it’s easily repeatable and exploitable. My advice to you is to not exploit and abuse the system.

Hat tip to aegt123 for posting the fascinating article on Flyertalk.

Brothers Who Defrauded Nordstrom with Online Reward Scheme Plead Guilty to Wire Fraud

Two brothers pleaded guilty today to wire fraud in connection with their scheme to defraud Nordstrom of more than $1.4 million in commissions and rebates. Andrew S. Chiu, 29, of Anaheim, California; and Allen J. Chiu, 37, of Dallas, Texas, pleaded guilty today in U.S. District Court in Seattle. The brothers devised a scheme to defraud Nordstrom after they had already been barred for purchasing any goods from the Nordstrom.com website. Because Nordstrom quickly notified law enforcement, the U.S. Attorney’s Office was able to seize more than $970,000 in illegally derived assets which will be applied toward the restitution owed to Nordstrom. U.S. District Judge Ricardo S. Martinez is scheduled to sentence the Chiu brothers on July 13, 2012.

 

3 comments… add one
  • I’m impressed, I must say. Rarely do I encounter a blog that’s
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    Reply

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