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07.02.2021 16:Jul PM EDT
Xbox Gift Card Fraud: How Did a Microsoft Employee Steal $10 Million, Get Bitcoins in Massive Con Job?
A seemingly simple glitch in the system found by a junior engineer at Microsoft leads to two years of siphoning more than $10 million out of the tech giant. How was he able to do what is now called the Xbox Gift Card fraud?
Photo : Billy Freeman/Unsplash
A two-year fraud scheme orchestrated by a Microsoft employee resulted in $10.1 million worth of Xbox gift cards stolen from the tech giant. A judge sentenced the swindler to nine years in prison, as reported by Bloomberg in depth.