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Posted by  smartmovesinc

Saks Fifth Avenue staff ran identity theft ring that netted $400,000 worth of designer goods from flagship Manhattan store

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By TED THORNHILL FOR MAILONLINE and ASSOCIATED PRESS

Staff at Saks Fifth Avenue's flagship store were allegedly running a huge identity theft ring. The sophisticated scheme funneled stolen data to corrupt salespeople to create sham transactions, authorities said.

The scam netted more than $400,000 worth of designer shoes, handbags and accessories, it is alleged.

Staff at Saks Fifth Avenue's flagship store in Manhattan ran an identity theft scam using stolen shoppers' information that netted more than $400,000 worth of designer shoes, handbags and accessories, authorities said.

The sophisticated scheme funneled stolen data to corrupt salespeople to create sham transactions, complete with phony shoppers on the other side of the register, Manhattan District Attorney Cyrus R. Vance Jr. and federal authorities said on Monday.

The haul included a roughly $10,000 Yves St. Laurent handbag, $2,000-a-pair shoes and brand names such as Louis Vuitton, Christian Louboutin and Kate Spade, he said.

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More than $400,000 worth of designer shoes, handbags and accessories was fraudulently bought from Saks Fifth Avenue's flagship store in Manhattan (pictured) using stolen shoppers' information, it's been alleged

At least eight people, including four Saks employees, were part of the identity theft ring, officials said, and have been charged with various offenses.

Take this critical first step, before you hire people. Request a sample of our Step One Survey integrity test. It will save you hundreds of thousands of dollars, shrinkage and sleepless nights while insuring that you hire honest, reliable, hardworking employees!   And the return on investment is enormous.

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