A 23-year-old has been arrested after being accused of making $1.3 million in fake returns at more than 1,000 Walmart locations, and it reveals a dangerous trend sweeping the industry (WMT)

The police have arrested a 23-year-old man in Yuma, Arizona, who they say made fraudulent returns at more than 1,000 Walmart locations across the United States. Return fraud costs retailers up to $17 billion annually in the US. Thomas Frudaker was reportedly arrested in Yuma, Arizona, last week after a Walmart employee witnessed the young man attempting to return a computer and contacted the police.