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Let's Catch A Thief!! (Update: CAUGHT!) - Page 9

post #121 of 430

I wonder why it wasn't covered by insurance, if it was even.

post #122 of 430
Quote:
Originally Posted by extrabigmehdi View Post


Off course not, I'm not trying to justify his misfortune. I  just couldn't believe the price.


These amps are likely not intended for home enthusiasts so much as professional installation in movie theaters, recording studios, etc. A home musician who does paying work would have many times the cost of those amps sunk into their gear. Hell my guitar was 1/10 that price

post #123 of 430
Quote:
Originally Posted by wuwhere View Post

I wonder why it wasn't covered by insurance, if it was even.


I mentioned that in the post before yours. If all else fails it's definitely tax deductable as a loss.

post #124 of 430
Quote:
Originally Posted by wolfetan44 View Post

How would you know though?
The guy would be fine if he didn't know it was illegal, or if he did and was forced to buy it off of him. wink.gif
post #125 of 430
Quote:
Originally Posted by Kodhifi View Post


I mentioned that in the post before yours. If all else fails it's definitely tax deductable as a loss.

 

That has to be proven and does one file it last year or this year? What if its recovered eventually? Hypotheticals.

post #126 of 430

Typical business insurance policies do not cover this kind of loss.  It's a real problem.  And maybe a business opportunity.  Small business credit card fraud is really damaging to small businesses.

 

No hard working business owner deserves this, but I feel particularly bad for Todd as a friend and a long-time trustworthy and upstanding vendor, who is also generous with his beer. 

post #127 of 430

I'm sure a business could get an insurance for this kind of thing but the question is will a business willing to pay an insurance premium for this kind of risk?

post #128 of 430
Quote:
Originally Posted by The Monkey View Post

Typical business insurance policies do not cover this kind of loss.  It's a real problem.  And maybe a business opportunity.  Small business credit card fraud is really damaging to small businesses.

No hard working business owner deserves this, but I feel particularly bad for Todd as a friend and a long-time trustworthy and upstanding vendor, who is also generous with his beer. 
I say we start a donation. Everyone up for a small chip in? 17-18k loss is huge for small businesses. So if we can get one goin for Todd, I'm in.
post #129 of 430

My condolences to Todd. He seems like such a great guy. Why does all the worst crap in the world happen to the nicest guys? I live was out in PA, so I can't help much here, but I give best hopes to find this thief!

 

 

~Kami

post #130 of 430

Sincerely hope to catch the thief ASAP!

post #131 of 430

Ray samuel had this kind of problem.  Who bought the amp with no money.  I read from his website.

but too many people like this kind crappy people.

post #132 of 430
Quote:
Originally Posted by The Monkey View Post

Typical business insurance policies do not cover this kind of loss.  It's a real problem.  And maybe a business opportunity.  Small business credit card fraud is really damaging to small businesses.

No hard working business owner deserves this, but I feel particularly bad for Todd as a friend and a long-time trustworthy and upstanding vendor, who is also generous with his beer. 

Many CC authorization systems off this type of protection, but it isn't exactly cheap. We have it but I've considered taking it off, as we've not had this issue arise in >3 years.
post #133 of 430
Originally Posted by wuwhere View Post

I wonder why this scum picked up the amps from the FedEx rather than have them delivered.

Because the amps would have been delivered to the address of the real cardholder. (If the scammer had them addressed for delivery anywhere else, he'd be easy to track down.) But I don't understand why FedEx didn't make him show proof of identification, like a driver's license.

post #134 of 430
Quote:
Originally Posted by Bostonears View Post

Because the amps would have been delivered to the address of the real cardholder. (If the scammer had them addressed for delivery anywhere else, he'd be easy to track down.) But I don't understand why FedEx didn't make him show proof of identification, like a driver's license.


Fedex did check his ID, per their policy. See Todd's post (#44) on page 3.

 

This sucks for Todd. frown.gif

post #135 of 430
Quote:
Originally Posted by DarKen23 View Post

I say we start a donation. Everyone up for a small chip in? 17-18k loss is huge for small businesses. So if we can get one goin for Todd, I'm in.

Me too, maybe.there is an ultra.cheap product he.can sell for donations. Like a t shirt or something. To Spread awareness about small business cc fraud
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