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Apple store employee charged with stealing $1.4m worth of gift cards

AFP

AN APPLE employee from New York has landed in hot water after trying a little too hard to live up to his last name.

Ruben Profit has been charged with grand larceny, criminal possession of a forged instrument and criminal possession of stolen property after allegedly stealing close to $1.4m worth of gift cards while employed at an Apple store at Queens.

The 24-year-old allegedly purchased the gift cards after re-coding credit and debit cards between August and October.

After getting notifications of charge-backs, which suggested fraudulent transactions were taking place, Apple launched an investigation.

When authorities apprehended Mr Profit, he allegedly had 51 Visa and American Express cards in his possession.

Each of the cards had been tamped with and the magnetic strips had been fraudulently re-encoded with credit card information.

Mr Profit was also found with seven Apple gift cards worth $2700 each.

According to NBC, prosecutors said Mr Profit had told them an unnamed individual was paying him $270 for every $2700 card sold.

He was held on $27,000 bail and will return to court in November where he will face up to 15 years in prison if convicted.