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Even in an era of online shopping, the airy, open retail spaces make an average of more than $5,500 per square foot, according to a 2017 analysis by retail estate analytics firm CoStar - almost double the amount that jeweler Tiffany & Co generates.Īnd with Apple's signature brushed aluminium products lying around on every table, the stores can be a magnet for criminals.Ī 17-member gang was busted in 2018 charging into multiple Apple Stores across California and grabbing merchandise before hightailing it in a getaway car, making more than $1 million before they were caught. The crime shows how in the digital age, traditional smash-and-grab robberies are being superseded by more sophisticated schemes - and how technology companies' own tools can be used against them.Īpple, currently valued at $2.4 trillion, has some of the most valuable stores in the world. They are awaiting sentencing in the coming weeks.

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The case has quietly spent the last few years winding its way through the courts, according to documents reviewed by Insider, and both men have now pleaded guilty to wire fraud in the Southlake store caper (earlier filings by prosecutors allege a series of similar incidents at various Apple stores). In a shrewd scheme worthy of a heist movie, they executed their plan using Apple's own technology - in particular, Apple retail store employees' specialized devices. The pair were part of a sophisticated, multi-year plot that defrauded Apple out of more than $1.5 million, US prosecutors have said. One cool and cloudy day in the Texan suburb of Southlake, Jason Tout-Puissant sat outside the local Apple Store and quietly stole $50,000-worth of gift cards from Apple.ġ,500 miles away in New York, his partner-in-crime Syed Ali walked into an Apple Store the same day and used those digital gift cards to acquire thousands of dollars' worth of high-end electronics.Īnd then, prosecutors say, they did it again, over and over and over.

Two people have pleaded guilty to an incident at a Texas Apple store, and are now awaiting sentencing in the coming weeks.

The scheme involved stealing Apple's employee-only handheld sales devices and sending gift cards to an accomplice, prosecutors say.

Tech-savvy scammers figured out a clever way to steal Apple gift cards in a scheme that authorities says totaled $1.5 million over two years.

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Learn more about how Apple Card applications are evaluated at /kb/HT209218.

territories, please call Goldman Sachs at 87 with questions about Apple Card. Apple Card is subject to credit approval, available only for qualifying applicants in the United States, and issued by Goldman Sachs Bank USA, Salt Lake City Branch.

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#STEALS DEMO LAPTOPS APPLE STORE SAN FRANCISCO PRO#

Apple Vision Pro will be available early next year on and at Apple retail stores in the U.S.This device is not, and may not be, offered for sale or lease, or sold or leased, until authorization is obtained. Apple Vision Pro has not been authorized as required by the rules of the Federal Communications Commission.

#STEALS DEMO LAPTOPS APPLE STORE SAN FRANCISCO FULL#

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Only one Apple Gift Card per eligible Mac or iPad per Qualified Purchaser. Qualified Purchasers receive an Apple Gift Card when they purchase an eligible Mac or iPad at a Qualifying Location.

Steals demo laptops apple store san francisco