Shoplifters? Studies Say Keep an Eye on Workers
Gift cards are just so easy — so easy for dishonest employees to exploit, that is.
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Brendan Smialowski for The New York Times
Detective David Hill says it is harder to track gift card fraud than credit card swindles.
At the Saks flagship store in Manhattan, a 23-year-old sales clerk was caught recently ringing up $130,000 in false merchandise returns and siphoning the money onto a gift card.
“Gift card fraud is spiking,” said Joshua Bamfield, author of the Global Retail Theft Barometer, an annual international survey of retailers. “To employees, this is like currency. It’s almost as good as the U.S. dollar.”
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