Florida men defrauded Home Depots of $100K, investigators say
While this scheme occurred largely in South Florida, the Tampa Bay area also has experienced schemes like these.
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While this scheme occurred largely in South Florida, the Tampa Bay area also has experienced schemes like these.
The DIY and home improvement retailer recently uncovered a huge operation to steal expensive goods via a loophole.
Here's a look at the six stories to know for Feb. 20, 2024.
Attorney General Ashley Moody's Office of Statewide Prosecution has taken decisive action against a group of thieves who orchestrated an organized retail theft ring, siphoning off over $100,000 from Home Depot stores. The individuals involved in this illicit operation, identified as Vicky Popat, Christopher Abad, and Christopher Eduardo Baglin, engaged in a sophisticated scheme that involved swapping barcodes on high-value roof sealers for significantly cheaper items.In response to the investigation's findings, Attorney General Ashley Moody emphasized the severity of the...
Home Depot CFO Richard McPhail said shrinkage was to blame for gross margin dips last year.