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By Pete Kotz in fraud
Wednesday, Sep. 2 2009 @ 11:02AM
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9,000 iPod Shuffles makes for a pretty good haul
​It was a master crime -- only without the dashing babe accomplice or the obligatory car chase through Paris. Self-described iPod repairman Nicholas Woodhams of Kalamazoo, Michigan somehow managed to crack the serial number code for the iPod Shuffle. Using his fake numbers, he'd then call Apple to say the machine was broken and ask for a replacement. All told, he was able to land 9,000 Shuffles which he then resold.

It may seem like a grind-it-out way to make a living, but when Woodhams was arrested, police seized a half-million in cash, plus an Audi S4, an Ariel Atom 2, a Honda motorcycle. Not a bad take for a 23-year-old from the Rust Belt, where the top paying job is unemployment benefits.

Sadly, our pioneering fraud artist has now been sentenced to 13 months in prison. But compared to the dopes who get 10 years for a $146 robbery of a BP, we're thinking the opportunity costs on this racket were worth the risk.