NEW YORK (AP) — An identity theft and fraud ring used shoppers’ stolen information to buy more than $400,000 worth of designer shoes, handbags and accessories from Saks Fifth Avenue’s flagship store, with some employees aiding the scam, authorities said Monday.
The sophisticated scheme funneled stolen data to corrupt salespeople to create sham transactions, complete with phony shoppers on the other side of the register, Manhattan District Attorney Cyrus R. Vance Jr. and federal authorities said. The haul included a roughly $10,000 Yves St. Laurent handbag, $2,000-a-pair shoes and brand names such as Louis Vuitton, Christian Louboutin and Kate Spade, he said.
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