Retail Fraudsters Are Making Returns Difficult

By Jamie Feldman
From Kiplinger’s Personal Finance
While you may discover that some stores are letting you stay your returns under therefore- called “keep it” policies that help them pay costs, others are beginning to crack down on those very same gain policies.
Why? Return Fraud
Retailers are projecting that, in the aftermath of the 2023 holiday season, fraudulent returns will account for$ 24.5 billion of the$ 148 billion total worth of returns, according to a January CNBC report.
As Kiplinger previously reported, when an item is low- cost or does n’t make economic sense for a person to return, many retailers will issue a refund and allow the customer to keep the item….

Source credit