An Amazon.com vendor from Hacienda Heights pleaded guilty Monday to bilking the online retailer out of more than $1.3 million by manipulating the company’s payment system.
Amazon disburses payments to third-party merchandise sellers roughly every two weeks, after the sellers provide shipping numbers to prove that merchandise was actually shipped to customers.
Prosecutors said Yeung would list expensive merchandise at low-ball prices to drive up sales. But instead of shipping purchased items to customers, Yeung would submit bogus tracking numbers to Amazon. When customers complained about not receiving purchases, Yeung would stall their refund requests long enough to ensure he received the customers' money from Amazon.
The scheme resulted in Yeung collecting payment for items that were never shipped, while Amazon would provide refunds to disgruntled customers. Get Los Angeles's latest local news on crime, entertainment, weather, schools, COVID, cost of living and more. Here's your go-to source for today's LA news.
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