Former store manager pleads guilty to theft
The former manager of the Aspen Polo Store pleaded guilty to felony theft Monday in Pitkin County’s 9th Judicial District Court.
The charge stems from a credit card fraud scheme he employed to obtain upwards of $25,000 in expensive clothing, primarily from other Polo stores around the country.
Beginning in late May, Peter Greer, 34, unlawfully used credit card numbers obtained from people who purchased goods at the Aspen Polo Store, 520 E. Durant Ave., to make mail order purchases, according to a report by Aspen Police Officer Walter Chi.
Shortly after placing each order over the phone, Greer would refund the amount of the individual charge to the credit card, using the credit card machine at the Aspen Polo Store, according to Chi. In that manner, the owners of the credit cards which Greer used would see a charge on their statement, that subsequently had been refunded, according to Chi. The Aspen Polo Store ended up refunding sales it never made.
According to Chi’s report, Greer used fraudulently obtained credit numbers to order more than a dozen articles of clothing from the Chicago Polo Store; eight sport coats and one outerwear piece from the Phoenix store; two pairs of shoes from the Beverly Hills store; 12 shirts and two pairs of shoes from the New York City store; and eight hats from Arizona.
“The aggregate value of items and bank credit Peter Greer gained control of by the unauthorized use of eight individual credit cards, totals $26,648.99, all in less than a six-month period from the first offense,” the report states.
Assistant District Attorney Lawson Wills said an exact amount in restitution had not been determined yet.
“Restitution is approaching $20,000 to $30,000,” he said. An exact figure will be prepared prior to Greer’s sentencing on Nov. 8, he added.
According to Chi’s report, however, officials with the Aspen Polo Store’s parent company have gathered most of the items which Greer charged unlawfully.
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