24-year-old Sharron Laverne Parrish Jr. has been charged with wire fraud, buying products worth $309,768 over 42 purchases made in 16 different states since December 2012, without actually having the money to pay for them, Yahoo news reports.
The Secret Service claims that he tricked Apple retail staff into accepting purchases made with credit and/or debit cards that didn’t have any funds by using a clever, simple financial trick.
The
trick— which is commonly referred to as “forced sale,” “forced post” or “forced
code” — allows customers whose cards are declined in a store to still make the
purchase. All the merchant has to do to go forward with the sale is to call in
the bank that issued the card and ask for a special authorization code,
creating a record of that override.
In addition to Apple stores, Parrish also tried to defraud a car rental company and a hotel in Seattle.
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