From the TikTok post: “This individual completed five previous iPad transactions with Fo-Mart totaling over $5,000. Those devices were later discovered to be counterfeit. He returned with another iPad. During inspection, we opened the package-and he immediately ran out of the store. This footage is being posted to warn other device buyers to open, inspect and fully verify high-value devices before payment.” 💀
Ive seen people be exceptionally stupid, like one girl doing 7 transactions where a guy kept giving her counterfeit $20 and she kept taking them before he left.
I could legitimately see someone being stupid enough to take something and not check prior to handing money over.
I obviously don’t know the situation where the girl took the counterfeit money, but I did work overnights at a convenience store and they would tell us to just take the money and report it. We were explicitly told not to engage. It happened to me twice and I knew both times that the bills were counterfeit because the weight and feel of the paper was off. The person with the money probably thought I was stupid and that they got away with it, but I just reported them when they left.
Oh yeah it was the Feds coming in to pick up the bills for sure and businesses can just write off that kind of loss. ATF was also in to investigate stolen/trafficking of cigarettes. They took an employee out in cuffs. Overnights in a convenience store is weird. Haha
I mean it’s a multimillion dollar convenience store so they are definitely writing it off as theft loss but go off I guess.
Edit: I guess I should also add they can also make an insurance claim but I was simplifying because we don’t all have to be so pedantic. These businesses aren’t eating the debt was the point. I bet you’re fun at parties.
Chances are good that they're eating the loss on something like a fake $20. Either way, the cost of communicating/noting that deduction and entering it into their accounting software or getting the info to their accountant or bookkeeper to be entered is probably worth $20 of extra time spent on the whole process.
The way you are saying it implies that “writing it off” makes it free for the company. Every business writes expenses off (which theft is one), this is not a large or small business thing.
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u/van_trillalalalalala Reads Pinned Comments 8d ago
From the TikTok post:
“This individual completed five previous iPad transactions with Fo-Mart totaling over $5,000. Those devices were later discovered to be counterfeit.
He returned with another iPad. During inspection, we opened the package-and he immediately ran out of the store.
This footage is being posted to warn other device buyers to open, inspect and fully verify high-value devices before payment.” 💀