27 May '16, 3pm

Woman made $1M buying handbags, swapping with Chinese knockoffs

A Virginia woman was bagged by authorities for allegedly masterminding an elaborate designer-purse scheme, netting over $1 million in profit. Praepitcha Smatsorabudh is accused of buying high-end handbags online, then traveling to multiple states to make in-person returns at department stores with knockoff versions purchased from China. Smatsorabudh would double her profits by selling the authentic Gucci, Fendi and Burberry bags — some with a whopping $2,000 price tag — on Ebay or Instagram to unsuspecting buyers, prosecutors say. Investigators probed the woman's purchases between 2014 and the end of 2015. She was such a prolific scammer, they found, that she would make weekly purchases of the costly totes — and was even one major retailer’s top online customer worldwide, according to documents which do not identify the vendor in question. The alleged cutpurse faces up to ...

Full article: http://www.nydailynews.com/news/national/virginia-woman-a...

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Woman made $1M buying handbags, swapping with C...

nydailynews.com 27 May '16, 4pm

A Virginia woman was bagged by authorities for allegedly masterminding an elaborate designer-purse scheme, netting over $1...

Woman charged with fraud after 'elaborate $1million handbag scam'

Woman charged with fraud after 'elaborate $1mil...

dailymail.co.uk 27 May '16, 9pm

A woman allegedly made more than $1million by buying designer handbags online before returning Chinese knock-offs in-store...

Va. woman accused of buying high-end handbags, ...

washingtonpost.com 01 Jun '16, 11pm

Prim Smatsorabudh was a voracious buyer of high-end handbags, authorities say: Givenchy, Fendi, Chanel. At one point, she ...

via @ABC

abcnews.go.com 27 May '16, 1pm

Federal authorities arrested a Virginia woman on Thursday for a unique handbag-related scheme that targeted several major ...

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Va. woman arrested for million-dollar handbag scheme

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(ARLINGTON, Va.) — Federal authorities arrested a Virginia woman on Thursday for a unique handbag-related scheme that targ...

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