Pa. man defrauds eBay Of $320K buying cotton c&y maker, ‘Star Trek’ sushi set & More using gift card glitchThe Patriot-news #Main_MenuFebruary 12, 2019
The problem was, he was committing fraud as part of the process.
According to Philly.com , the 24-year-old from Coatesville figured out how to over-redeem eBay’s gift cards without the cards ever getting charged.
Over the course of two months, Broudy bought more than 3,000 items valued at $320,000, the report said.
The glitch on eBay failed to deduct anything from a gift card if another form of payment was also used in the transaction, according to the report.
That would allow Broudy to put nearly the whole cost of the purchase on the gift card, which would not get charged, leaving a small amount on another form of payment, prosectors said.
Among the items bought, Broudy acquired items ranging from iPhones and gold bars to a cotton candy maker, a brass eagle statue and even a “Star Trek” sushi set, according to the report.
But he didn’t keep everything.
In June, Broudy pleaded guilty to two counts of wire fraud and could face up to 40 years in prison, the report said.
A sentencing hearing is scheduled for May, according to the report.
According to court records, Broudy used four different eBay accounts and 113 gift cards to make 1,100 transactions.
The eBay glitch would fail to deduct monetary value from a gift card when a product was purchased with both the gift card and another payment method, prosecutors said. When buying items, Broudy would put nearly all of the product’s cost on the gift card, which would not get charged, and only a nominal amount on the other payment method, prosecutors said. That allowed him to buy items at virtually no cost.