Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Things That Amuse Me -- Ignore unavailable to you. Want to Upgrade?

To: mr.mark who wrote (4263)	2/1/2002 10:26:27 PM
From: Phil(bullrider)	Read Replies (1) \| Respond to of 12669

Mark, how do these stores endeavor to assure themselves that the numbers they get are actual? I don't believe you read this part of my post thoroughly: Could the employee generate actual customer refunds? Sure, a few. A few crooked friends and relatives. But all crooks get greedy, sloppy and repetitive. That's where they get caught. Having an actual customer phone number on a cash refund is a requirement by most companies and auditors. If an employee violates company policy and the refund cannot be verified they are liable for it. If they have a lot of violations they can be terminated. The auditors don't call the customers immediately, but they call random customers. If they get a few customers that say, I bought some stuff there, but never carried anything back for a refund, would that not set a red flag? Remember this?: all crooks get greedy, sloppy and repetitive. That's where they get caught. Now, If I remember the beginning of this discussion, it was about the issue of revealing your phone # to get a refund. If you write a check at a store and return an item, you should expect to have to provide proof of purchase, and expect to receive a check after your check clears. No personal info is needed. If you pay by credit card and return an item, you would receive a credit on your credit card. No personal info needed. If you pay by cash, check, or credit card, and request cash for a return, then it's a different story. Now, If you request a cash refund, prepare to give your telephone number, or make an ass of yourself. I am tired of this subject, so this is my last post regarding it. Have fun, Phil