| phaz0rz | 02-03-2019 11:48 AM |
Re: Teen runs 20mill tax scam
The more you read into the story the less sense it makes.
Here's what his fellow Amazon sellers are saying on the Amazon boards. They can't make any sense of how he was able to do this.. AZ link : https://sellercentral.amazon.com/for...mers/441207/16
They don't report enough details of the scam on any of the news outlets I've checked for it to add up. The articles are saying he was making payments directly from his customers' checking accounts to the Georgia DOR. But it doesn't explain how he was getting the bank account info of his customers. That's not info you would be granted as an Amazon seller. He had his own site he was selling on also but it doesn't matter what payment processor you use - none of them are going to give you the routing and account # of customers who pay you, even if they pay with ACH.
Articles say the scam involved overpaying the DOR and requesting refunds, but they also say customers didn't receive their orders. Again, it doesn't matter what payment processor you're using, none of them are going to allow you to sell $20mil worth of merchandise without delivering anything to any of the customers who bought from you. Certainly not Amazon. They'll kick you off the platform completely after your first 1 or 2 INR claims.
I don't know if they're withholding information purposely because this kid exposed a loophole and they're worried about others trying to replicate what he did, or what. But there has to be much more to the story than what's been reported so far. | 
