Chinese crime ring hacked Staples to steal over $400,000 in gift cards

A Chinese organized crime ring hacked Staples' internal customer support system and issued more than 15,000 gift cards worth over $5 million, according to a search warrant application. The gang redeemed about 4,630 of them, worth around $425,000, at Target, Sephora, and Lowe's, then shipped many of the products to China.