What's Shoplisting?
Dave, I just bumped into a kind of fraud called "shoplisting". What is it and how to merchants avoid being ripped off by shoplisters?
Thanks for the question. This is a new one for me too, shoplisting. Here's the scoop:
Shoplisting is when someone obtains a legitimate receipt from a store, then steals the identical products and takes them back for a store credit or gift card. They then sell the gift card on the open market for pennies on the dollar.
Neat, simple, no pawnbroker to deal with, no hot merchandise on their hands, no fencing involved.
And, of course, completely illegal.
But is it pervasive? Well, you can't go onto eBay and find auctions for receipts, but have a look at...
Thanks for the question. This is a new one for me too, shoplisting. Here's the scoop:
Shoplisting is when someone obtains a legitimate receipt from a store, then steals the identical products and takes them back for a store credit or gift card. They then sell the gift card on the open market for pennies on the dollar.
Neat, simple, no pawnbroker to deal with, no hot merchandise on their hands, no fencing involved.
And, of course, completely illegal.
But is it pervasive? Well, you can't go onto eBay and find auctions for receipts, but have a look at...
posted by Dave Taylor at
12:01 AM
