Hyderabad Youth Exploits Flipkart's Item Return Policy, Company Loses Rs 20 Lakh

Hyderabad Youth Exploits Flipkart's Item Return Policy, Company Loses Rs 20 Lakh

A Hyderabad youth has reportedly cheated leading e-commerce portal Flipkart due to which the company is said to have occurred a loss of over Rs 20 lakh.

Veera Swamy allegedly cheated the company by booking various electronic items and returning them as 'defective items' after they are delivered.

According to reports, after receiving the items, Swamy rang the call centre complaining about the 'defects' in the goods. Then he would go ahead and stuff the original boxes with fake items and return them to the representatives.

The 32-year-old had various fake email IDs and the payments were made through various accounts to fool the company. As per the company's policy, the money was returned to the respective accounts once the goods were taken back by the company.

He has reportedly made more than 200 purchases in different names which led to a heavy loss for the company amounting to Rs 20 lakh.

While the police is still verifying the complaint.

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The New Indian Express
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