A Michigan police officer is accused of a retail price switching scheme involving sports card boxes that cost one retail chain a five-figure loss.
Michigan Attorney General Dana Nessel says Lansing Police Officer Gregory Tracy was arraigned last week on one count of Retail Fraud First and one count of Organized Retail Fraud.
Tracy is accused of switching prices on boxes with lesser valued ones and selling the higher valued boxes to others. Nessel says the scheme began in January and continued until earlier this month when he was arrested.
Prosecutors say Tracy is believed to have defrauded Meijer Corporation of over $10,000.
Detectives from the Michigan State Police Fraud Investigation Unit began investigating the case in March and referred the matter to the Department of Attorney General’s Retail Fraud Unit after discovering evidence of over 65 separate incidents across the counties of Eaton, Ingham, Clinton, Ionia, Genesee, and Shiawassee.
“Instances of organized retail fraud cost Michigan-owned businesses and consumers alike,” said Nessel. “I appreciate the investigative work of both Meijer corporation and the Michigan State Police on this matter.”
Tracy was arraigned in District Court in Ingham County, MI. He was released on a $10,000 personal recognizance bond.
Lansing police have placed Tracy on administrative leave.