Headlines

Man Figures Out How to Buy $100K in Jewelry with Debit Card for Empty Bank Account

Published

8 years ago

February 8, 2016

INSTORE Staff

The police don’t know how he did it.

A 39-year-old man in Orland Park, IL was jailed on charges that he bought $100,000 in jewelry after using a bad debit card to make the purchases, the Chicago Tribune reports. The article says the man had figured out how to use fraudulent authorization codes to override notices that banking accounts have insufficient funds, a trick he used three separate times at the same store in December and January. “We don’t know how [the thief] obtained that knowledge,” Lt. Tony Farrell of the Orland Park Police Department told the newspaper.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”