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  • New York Apple Employee Arrested for Stealing Almost $1 Million in Gift Cards


    A New York Apple employee was recently arrested and charged with multiple crimes including purchasing almost $1 million worth of gift cards by using credit and debit cards that were recoded. The amount to be exact was $997,000. NBC Channel 4 noted that Ruben Profit worked this operation from the recently launched Apple Store located at Queen’s Center Mall. Profit has been an employee of Apple since December of 2013.

    It was noted that Profit would use American Express and Visa gift cards, pre-paid credit cards, and debit cards to run his operation by loading money onto Apple gift cards. He would then resell the Apple gift cards to third parties at a much lesser price. Apparently the Cupertino-based company found this out when they started receiving chargebacks, which showed fraudulent activity on the company’s gift cards.

    When Profit was arrested, he had seven gift cards on him worth $2,000 each and 51 Visa and American Express cards that were re-encoded with legitimate credit card information. It is unclear as to how Profit obtained valid credit card information to replace onto the gift cards. Profit told police that he received $200 for every $2,000 Apple gift he sold. If convicted, he will face up to 15 years of prison time and is currently held on $20,000 bail.

    Source: NBC
    This article was originally published in forum thread: New York Apple Employee Arrested for Stealing Almost $1 Million in Gift Cards started by Akshay Masand View original post
    Comments 6 Comments
    1. severe's Avatar
      severe -
      I'd have given him at least $400.
    1. Eagleye's Avatar
      Eagleye -
      Quote Originally Posted by severe View Post
      I'd have given him at least $400.
      Right? Wouldn't that be a red flag... like, "hey wow these are cheap! Wonder if they're stolen?"
    1. mazzanic's Avatar
      mazzanic -
      he must need his clash of clan gems bad LOL
    1. bigboyz's Avatar
      bigboyz -
      Thats crazy! "HOT" gift cards haha! Whats next yikes!
    1. steve-z17's Avatar
      steve-z17 -
      Dang, wish I had gotten some of those gift cards...
    1. yohu123's Avatar
      yohu123 -
      Well who wud have "thunk" it that a guy named PROFIT would make an insane profit on selling Apple Gift Cards illegally while working as an average Apple Store employee!!!