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Retailers gear up for return fraud .................................... WJACTV ....................... Mar 11, 2015 Reported by: Jackalyn Kovac JOHNSTOWN, Pa. " With those good deals on the day after Christmas sales, gift returns can be a hassle for some retailers, especially if the item being returned was stolen. According to the National Retail Federation's 2014 return fraud survey, retailers estimate $3.8 billion will be lost to return fraud this holiday season. "A fraudulent return is either something that was not purchased here and the customer would like to return it here," said James Millsap, general manager of Best Buy in Johnstown. "Another fraudulent return could be someone taking an item from another customer and also trying to return it, even though it was bought here." According to the survey, more than 90 percent of the retailers said they have experienced the return of stolen merchandise in the last year. As more shoppers look to digital receipts for ease and convenience, retailers are noticing increasing return fraud instances with e-receipts. According to the National Retail Federation, one of the biggest issues for retailers is the practice of "wardrobing" where used or non-defective items, like special occasion clothing or electronics, are returned. No matter how it's done, paying customers are ultimately paying for those returns. "They have to wait in those long lines with us hassling with these fraudulent returns," said Millsap. "A lot of times, people make a scene and we want everyone to have a good time when they come in here." Many retailers try to make up the difference in cost by cutting staff hours or raising item costs. Most retailers now require identification along with a return. ................................. Posted on TSMJ on 03/23/23 ....................................Source WJACTV/Youtube/Bing Images ......................

What impact will SVB failure have when markets reopen? ........................................ Global News ................................................. Mar 11, 2023 #GlobalNews #siliconvalley .......................................... A day after one of the biggest bank failures in American history forced Washington to intervene, there are potential concerns for a spillover effect when markets open on Monday. After more than 40 years of operation, Silicon Valley Bank (SVB) – a leading lender for tech start-ups— ran short on cash due. As Reggie Cecchini explains, it’s left customers unsure if they’ll have access to their money. For more info, please go to https://globalnews.ca/news/9542681/s ......................................................... Posted on TSMJ on 03/12/23 Source Youtube/Images Bing

Why Do Cell Phone Bills Cost So Much In The U.S.? ....................................... Jan 10, 2021 .................................... CNBC .......................................................... The average American spent $1,218 for cell phone service in 2019. That comes out to just over $100 per month. Check out the video to find out why you may be paying so much for your phone service and what you can do to save some money. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. ..................................... ..............................................Source CNBC Youtube.com ..............................Images CNBC Bing..............................Posted on TSMJ on 04/03/22 ...................................

Avoiding new scams ........................................................... WSPA 7News Published on Jan 15, 2018 .................................................................................................... ............................... Avoiding new scams ................ ... ... ... Category News & Politics License Standard YouTube License