A Florida man who found himself behind bars after his arrest for allegedly peddling ill-gotten gift cards repeated that scheme a second time to cover his legal costs, according to police in Volusia County.
On Dec. 14, the 27-year-old and his father were arrested after a seven-month Sheriff’s Office investigation found that as part of their business venture, stores that pay cash for gift cards, they’d bought gift cards from people who stole merchandise from stores, reports The Daytona Beach News-Journal.
Investigators said the men would then resell the gift cards in bulk for a profit to Internet-based outlets, raking in $1.98 million in a nine-month period. Law enforcement said they seized 10,443 gift cards in a bust two weeks ago.
On Tuesday, six days after he was released from jail on bail, the son was arrested and charged with one count of dealing stolen property, after allegedly contacting an Internet-based company to try to sell another 1,000 cards to pay for his legal fees. He’s currently being held on $20,000 bail, which one would think he won’t try to pay for with gift cards.
Volusia man in gift card ring rearrested, deputies say [The Daytona Beach News-Journal]
by Mary Beth Quirk via Consumerist
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