315
How a fed up carpenter found his stolen power tools — and 15,000 others
(www.washingtonpost.com)
this post was submitted on 31 May 2024
315 points (98.5% liked)
Technology
59414 readers
3138 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What the hell were the thieves doing with the tools? They had 15,000 of them, were they going to open a Home Depot? Was this a crew of a few dozen people? How were they making money of they had 15,000 tools in like 12 storage units? Even if this was some shady eBay marketplace operation they must have been having serious trouble finding buyers for these tools or something.
You don't know how much they sold. This could be a fence operation that just grew large.
Thiefs don't find a buyer everytime they steal something, they go to their "fence" who resells it. Say something is worth $200 used, the fence will pay like half or a third of the value in cash right away, every time. The thief walks away with $80 they can go spend on drugs, and the fence eventually makes $120. Reselling takes time though, and your thiefs keep thieving. If you tell your thief "I can't buy this today" they will find another fence and you might lose that thief forever. Maybe more thieves if they find out they are a better fence. So you just keep buying stuff, even if your not selling it nearly as fast.
This guy fences and / or thieves.
Hoarders gone wild?