| Author |
Message |
brad r
Yahoo User
|
 Posted: Fri May 11, 2007 2:16 pm Post subject: investment in discount home depot gift cards?? ever hear of this? |
 |
|
| I was at a party and a ratehr wealthy person (investment guy) says that he buy like 300k of home depot credit cars at approx 60-70% of face value and then resells them at 85%. He claims to be making quite a bit of money doing this.... anyone ever hear of this? Why would home depot do this? etc... thanks |
|
| Back to top |
|
 |
enchanted fairy
Yahoo User
|
| Posted: Fri May 11, 2007 2:24 pm Post subject: |
|
|
| this is a scam - and its an illegal practice. Don't even think about getting involved in this. This is federal - and will not be pretty when he is caught. |
|
| Back to top |
|
|
logan j
Yahoo User
|
| Posted: Fri May 11, 2007 2:26 pm Post subject: |
|
|
| you should email his name to www.irs.gov. i just heard about this investment this morning, i'm trying to find out more, too. |
|
| Back to top |
|
|
darrenwelsh429
Yahoo User
|
| Posted: Fri May 11, 2007 2:27 pm Post subject: |
|
|
| If it sounds to good to be true, it probably is. I am guessing these are all stolen cards. A store is not going to give that much of a discount. But you could possibly make some money if you are willing to turn the investment guy into the FBI for selling stolen property. |
|
| Back to top |
|
|
zyberianwarrior
Yahoo User
|
| Posted: Fri May 11, 2007 4:33 pm Post subject: |
|
|
| Its illegal and the IRS is not the agency you notify on this FBI is more correct plus letting home depot know is a help as well. |
|
| Back to top |
|
|
Frank Castle
Yahoo User
|
| Posted: Sat May 12, 2007 10:36 am Post subject: |
|
|
| The Colombian Cartels have been doing this for years.The "Gift Cards" are fake. |
|
| Back to top |
|
|
FAQ
Register
Log in
Powered by Yahoo! Answers