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Magic Factory Fraud

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Magic Factory Fraud
« on: March 31, 2012, 11:25:40 PM »
 

Aaron

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People say nothing's impossible, but I do nothing everyday.

Today I found something that reminded me of you. But don't worry I flushed and everything went back to normal.
 

Re: Magic Factory Fraud
« Reply #1 on: April 01, 2012, 02:36:59 AM »
 

Don Boyer

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This Article says it all:

http://medford.patch.com/articles/owner-of-magic-factory-in-medford-charged-with-stealing-500k-from-customer

Has anyone here ordered from him before?

That's pretty freakin' wild.  I've heard of him, might have seen his site once or twice, but never actually ordered anything from him.

There's good reasons to use PayPal cropping up every day, aren't there?  :))
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Re: Magic Factory Fraud
« Reply #2 on: April 01, 2012, 02:06:32 PM »
 

NathanCanadas

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This is wild, but what is crazy is that the guy didn't even look at his credit card for two years... Didn't even bother to take a glance at it!!!  ::)
 

Re: Magic Factory Fraud
« Reply #3 on: April 02, 2012, 01:37:43 AM »
 

Don Boyer

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This is wild, but what is crazy is that the guy didn't even look at his credit card for two years... Didn't even bother to take a glance at it!!!  ::)

That's not uncommon for big-money types, which is why it's so much easier to defraud them.  The inability to eliminate the information trail, however, means you'll still get caught but it'll take longer and you'll be on the hook for more restitution!  Many people who personally control large sums of cash hand over the day-to-day financial affairs to people they've hired to handle those things, leaving them free to look at the big picture (which is how to make even more money!).  If said employee pesters his boss about every little purchase, he'll start wondering why he hired you in the first place, which is why it takes a longer string of such purchases to raise a red flag.
Card Illusionist, NYC Area
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Deck Tailoring: Custom Alterations for Magicians and Card Mechanics
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Re: Magic Factory Fraud
« Reply #4 on: April 02, 2012, 06:57:10 AM »
 

MrLukeCarroll

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Hank Lee's Magic Factory is a pretty big company in the world of magic, they are always in like Magic Magazine and I think they do wholesale to a lot of brick and mortar stores. To hear this about them is just crazy
Mystery is the basic appeal of magic. Once the secrets are known, the magician becomes a mere manipulator, an actor in a suspense drama which has little impact because the audience knows the ending in advance.
 

Re: Magic Factory Fraud
« Reply #5 on: April 02, 2012, 08:05:56 AM »
 

Rajas Paranjpe

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Thats extremely sad news
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Re: Magic Factory Fraud
« Reply #6 on: April 03, 2012, 07:13:15 PM »
 

eggman

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Gratitude to you all for giving the heads up about this place.