Friday, September 28, 2007

Seinfeld moment: Michigan Can Scam

Re: my earlier post about Seinfeld moments, I feel compelled to post this article about a very Seinfeld-esque can refund scam, busted in Michigan.

"DETROIT -- Authorities said they arrested 10 people and seized more than $500,000 in cash after breaking up a smuggling ring that collected millions of beverage containers in other states and cashed them in for 10 cents apiece in Michigan.
The 10 people were arraigned on charges ranging from false pretense, a possible 5-year felony to running a criminal enterprise, a possible 20-year sentence.
A total of 15 people were named in a 67-count warrant issued as part of Operation Can Scam, Attorney General Mike Cox said Wednesday. Some suspects were members of two smuggling rings based in Ohio and others were Michigan merchants who took part in the scheme, he said."

This all seemed so funny on tv, but a possible 20 year sentence kills the gag....

"Each year, this type of activity defrauds the state approximately $13 million," said Col. Peter Munoz, Michigan State Police director...."A half-million in cash is not 'Seinfeld' humor," Cox spokesman Matt Frendewey said.