Robbing the Xbox Vault: Inside a $10 Million Gift Card Cheat

Macallik86

Superstar
Supporter
Joined
Dec 4, 2016
Messages
6,428
Reputation
1,377
Daps
21,037
The Xbox gift card came with a string of 25 letters and numbers. The digits, known as a 5x5 code, were sent in an email, but they were no different from the numbers and letters etched onto the gift cards hanging off tall racks near the checkout aisle at CVS or Target, arrayed in a Rubik’s Cube of colors. These stores sell them on behalf of Apple, Applebee’s, Disney, Domino’s, and pretty much every other company you can think of, including bygone era of Blockbuster Video, but today there are online marketplaces where anyone can trade gift card codes for Bitcoin and then turn the spoils into cash. These markets inevitably attract speculators and, because trades can be conducted anonymously, scammers.

Volodymyr Kvashuk received the $15 code a few weeks before Christmas, in 2017, among a batch of 20 others worth $300 altogether. But the engineer, who went by Vova for short and was in his mid-20s, hadn’t paid for the Xbox gift cards himself, nor were they some early holiday present from relatives. Kvashuk had recently begun a full-time job at Microsoft’s headquarters in Redmond, Wash., testing the company’s e-commerce infrastructure.

His team’s focus was to simulate purchases on Microsoft’s online store, looking for glitches in the payments system. This meant making lots of pretend purchases in the store. If Kvashuk added a Dell PC to his shopping cart, he’d use a faux credit card Microsoft had provided, complete the transaction, and document any errors. The system knew the purchase was fake and wouldn’t deliver the device to his doorstep. At least that was what was supposed to happen.

Then Kvashuk found a bug that would change his life [...]
Full article can be read here:
Robbing the Xbox Vault: Inside a $10 Million Gift Card Fraud
 

Bubba T

Superstar
Supporter
Joined
Jul 24, 2015
Messages
8,532
Reputation
2,569
Daps
54,605
This is a good article, not quite finished yet. I think you should also post this in TLR because it would only get so much traction here.

Kvashuk’s attorneys argued that their client had no intention of defrauding anyone. He had generated the gift card codes to help the company because the more freebies Xbox gave away, the more popular the platform would be, increasing overall spending. So, his logic went, why not give away tens of thousands of free Xbox gift cards to test if that somehow boosted engagement and sales down the road?

LMAO:mjlol:
 

Bubba T

Superstar
Supporter
Joined
Jul 24, 2015
Messages
8,532
Reputation
2,569
Daps
54,605
You laugh, but that's the exact strategy being followed by Big Phil

Give away free subscriptions to cook the books

That makes more sense for the CEO/President (whatever his title is) of Xbox than some random ass engineer at Microsoft:russ:
 
Top